Today’s issue of WorkCompRecap features news of the acquisition of Express Dental Care by insurance payer specialty services provider One Call Medical. Express Dental Care, billed as a national dental network that addresses the specific needs of the workers’ comp, auto, and liability industries, appears to have been acquired in an effort to continue expanding… [Read more]
Editor's Forum
A New Leader Speaks!
In today’s issue of WorkCompRecap we announce a new leader, and the publishing of her new post in WorkCompWire’s exclusive “Leaders Speak” section, which features leaders from the Workers’ Compensation Industry, and focuses on issues that are timely, relevant, and thought provoking. Are you getting excited to find out who’s next? Find out who our… [Read more]
eBilling & Bill Passing…
Today’s edition of WorkCompRecap features news of the adoption of Amendments to eBilling requirements by Texas’ Comissioner of Workers Comp, Rod Bordelon. The amendments seek to align billing for Workers’ Compensation more closely with the billing requirements and standards adopted by the Centers for Medicare and Medicaid Services (CMS). The new rules also clarify the… [Read more]
Earnings, Analytics, and Justice!
Today’s issue of WorkCompRecap features news from a few different categories. First up is the Texas Department of Insurance’s Division of Worker’s Compensation, which reported January enforcement actions today. Find out who’s on the list by clicking here. In earnings news, Eastern Insurance Holdings, Inc. announced its fourth quarter and 2010 full year earnings, and… [Read more]
“More Adversely than Expected…”
Today’s issue of WorkCompRecap features more financial news, as AIG announces that it expects to record $4.1 billion net charge in Q4 2010 to strengthen loss reserves in its Chartis subsidiaries. Of note is the fact that two of the four main classes of business where the strengthening was applied were related to Workers’ Compensation.… [Read more]
4Q Earnings Action!
Today’s issue of WorkCompRecap features the release of Coventry’s fourth-quarter and full year 2010 earnings. Highlights from the release included the closure of the Mercy Health Plan acquisition in October, an increase of 108,000 in commercial risk membership, growth in Medicare Advantage, Medicare Part D, and Medicaid. Rounding off the highlights was their “excellent liquidity… [Read more]
Paduda Part Two!
Today’s issue of WorkCompRecap features the continuation of our “Leaders Speak” series with the second installment from Joe Paduda of Managed Care Matters. In his article, Joe explains how we might go about the process of solving the problems with the RFP process that he framed in his post last week. Turning the existing process… [Read more]
New Workforce & Employment Results…
Today’s edition of WorkCompRecap features new results released by the SFN group from their January update of the SFN Group Employee Confidence Index, which now stands at 52.8 after a 1.7 point increase last month. The index measures both worker confidence in their personal employment situation and their optimism about the economy, and for the… [Read more]
New NCCI Report Released…
Today’s issue of WorkCompRecap features features a new edition of the National Council on Compensation Insurance (NCCI)’s Gauging the Economy Newsletter. Published quarterly, Gauging the Economy examines the current state of the economy and the implications for the Workers’ Comp industry. Highlights include the opinion that “continued weakness in employment growth suggests downward pressure on… [Read more]
More eBilling Revisions…
Today’s issue of WorkCompRecap features a freshly posted version of the California Division of Workers’ Compensation’s proposed regulations for the adoption of standardized paper medical treatment billing forms and electronic medical billing standards. The proposed regulations are part of the division’s 12-point plan to help control medical costs in California’s Workers’ Comp system, and aim… [Read more]