Boca Raton, FL – The National Council on Compensation Insurance (NCCI) released a new research brief examining a recent increase in the frequency and severity of workers compensation (WC) claims for motor vehicle accidents (MVAs) and discussing potential contributing factors. “Continued advances in workplace safety have helped drive a long-term decline in workers compensation claim… [Read more]
Association, Rating & Research News
Coventry Releases Part 3 of 2017 First Script Drug Trends Report Series
Downers Grove, IL – Coventry recently announced the release of the third part of its 2017 Drug Trends Series, which is based on all calendar year transactions billed through its PBM Program, First Script, as well as transactions from medical bill review to reflect the total pharmacy experience for their client base. This third piece… [Read more]
IAIABC Announces NextGen Award Recipients
Middleton, WI – IAIABC NextGen recognizes young, talented leaders in workers’ compensation as the industry, like many others, moves to adapt and thrive in a changing world. For its 2018 and second annual NextGen awards, the IAIABC has recognized seven individuals under the age of 40 who are making their mark on the industry. The… [Read more]
New WCRI Study Examines Time from Injury to First Medical Treatment Examined in 18 States
Cambridge, MA – A new FlashReport from the Workers Compensation Research Institute (WCRI) examines interstate differences in the time from injury to first medical treatment among injured workers. The study, Time from Injury to Medical Treatment: How States Compare, focuses on the median number of days from injury to first medical treatment by type of… [Read more]
New WC Benchmarking Study White Paper: Top Three Ways to Close Your Claims Performance Gap
Chicago, IL – Five years of polling more than 1,700 claims executives for the Workers’ Compensation Benchmarking Study indicates only 24 percent of claims organizations are high performers. A new white paper released by the study group – “How to Close the Claims Performance Gap: Top 3 Findings in 5 Years of the Workers’ Compensation… [Read more]
NCCI Releases Insights Piece on Telemedicine in Workers’ Compensation
Boca Raton, FL – NCCI recently released a new Insights article on Telemedicine and workers’ compensation. Telemedicine is the use of electronic communication technologies to provide clinical services to patients without an in-person visit, with the goal of improving the patient’s health status. The electronic communications or monitoring may be used for follow-up visits, management… [Read more]
CWCI Examines CA Prescription Drug UR/IMR Outcomes Under New Workers’ Comp Formulary
Oakland, CA – A new California Workers’ Compensation Institute (CWCI) analysis offers a preliminary look at Utilization Review (UR) and Independent Medical Review (IMR) outcomes involving pharmaceutical requests for California injured workers since the state implemented a workers’ comp formulary in January of this year. In October 2015, Governor Brown signed AB 1124 mandating the… [Read more]
New Care Bridge White Paper Discusses True Cost of Future Medical Care for MSAs
Lakewood Ranch, FL – Care Bridge International recently announced a new white paper that uses a massive claims database to estimate the true exposure of future medical treatment and costs in Medicare Set Asides for Workers Compensation claims. The white paper shows that conventional Set Aside practices greatly inflate costs to claims payers, by as… [Read more]
CA WCIRB Releases 2018 State of California Workers’ Comp Insurance System Report
Oakland, CA – The WCIRB recently released its 2018 State of the California Workers’ Compensation Insurance System Report, which highlights the cost of California workers’ compensation insurance based on premiums paid by insured employers, illustrates how premium dollars are distributed among various system components, details key cost drivers in the system and provides a summary… [Read more]
NCCI Releases Q2 2018 Quarterly Economics Briefing
Boca Raton, FL – NCCI recently announced the release of the Q2 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]