Cambridge, MA – The Workers Compensation Research Institute (WCRI) recently published a new study, Correlates of Opioid Dispensing, that identifies characteristics of injured workers and their employers that are associated with differences in opioid dispensing rates. “This study can help public officials and other stakeholders better predict which injured workers are more or less likely… [Read more]
Association, Rating & Research News
NCCI Releases Q4 2018 Quarterly Economics Briefing
Boca Raton, FL – NCCI recently announced the release of the Q4 2018 edition of its Quarterly Economics Briefing, which examines the current state of the economy and implications for workers compensation insurance, and is separated into two sections: “Review of Current Conditions” and “Drilling Down”. Review of Current Conditions Key takeaways include: Employment growth… [Read more]
WY State Occupational Epidemiologist Releases Annual Report on 2017 Workplace Fatalities
Cheyenne, WY – The Wyoming Department of Workforce Services (DWS) recently released its annual Work-Related Fatal Injuries report. The report, which provides analysis over the years 2012-2017 and is the third multi-year report, offers a complete review of occupational fatality patterns in the state by industry and cause. In 2017, State Occupational Epidemiology identified 20… [Read more]
CA WCIRB Releases California Terrorism Risk Assessment Study
San Francisco, CA – The WCIRB has released the Workers’ Compensation California Terrorism Risk Assessment study that was developed in partnership with Risk Management Solutions, Inc. (RMS), a leading provider of catastrophe modeling analytics. The study is intended to estimate potential California workers’ compensation losses arising from certified terrorist acts that would be retained by… [Read more]
UT Occupational Safety and Health Releases 2017 Workplace Fatality Statistics
Salt Lake City, UT – The Utah Labor Commission, in conjunction with the U.S. Department of Labor, Bureau of Labor Statistics (BLS) recently released the 2017 fatal occupational injury data for Utah. Data was obtained through the annual Census of Fatal Occupational Injuries (CFOI) conducted by the Utah Occupational Safety and Health (UOSH) Division, Bureau… [Read more]
Free WCRI Webinar: Future of Value-Based Care in Workers’ Compensation
Cambridge, MA – The Workers’ Compensation Research Institute (WCRI) recently announced a free one-hour webinar that will discuss the fundamentals of value-based care (VBC) and its potential use in workers’ compensation. Giving the webinar will be Dr. Randall Lea, an orthopedic surgeon and senior research fellow at WCRI. “Some believe VBC will never come to… [Read more]
WCRI Study: TX Workers’ Compensation Medical Costs per Claim Decreased Since 2014
Cambridge, MA – Medical payments per workers’ compensation claim in Texas decreased from 2014 to 2016 for claims with more than seven days of lost time, evaluated as of 2017. This followed several years of increasing medical costs, according to a recent study by the Workers Compensation Research Institute (WCRI). “Payments for nonhospital care were… [Read more]
Best’s Market Segment Report: Rising Medical Costs, Payrolls and Legal Expenses Threaten U.S. Workers’ Comp Profitability
Oldwick, NJ -(BusinessWire)- The U.S. workers’ compensation segment continued its positive performance in 2017, which was boosted by another year of growing payrolls that helped offset rate decreases and overall soft-market conditions, according to a new AM Best report. The Best’s Market Segment Report, “Workers’ Compensation Profitability Threatened by Rising Medical Costs, Payrolls and Legal… [Read more]
Workers’ Comp Benchmarking Study Releases 2018 Annual Report on Advancing Medical Management
Chicago, IL – Since the Workers’ Compensation Benchmarking Study launched in 2013, claims leaders have consistently ranked medical management as the core competency most critical to claim outcomes. With medical costs representing more than 60 percent of claims costs in many jurisdictions, the study’s Advisory Council recommended the 2018 study further investigate how high performing… [Read more]
KDOL Notes 11% Fewer Injuries in 2017 Compared to 2016 in Survey of Occupational Injuries and Illnesses
Topeka, KS – The Kansas Department of Labor (KDOL), in conjunction with the Bureau of Labor Statistics (BLS) recently released its 2017 nonfatal occupational injuries and illnesses data through the Survey of Occupational Injuries and Illnesses. The survey estimates annual counts and incident rates of nonfatal workplace injuries and illnesses of Kansas employers as well… [Read more]