Tumwater, WA – The price of workers’ compensation insurance in Washington will take the largest drop in more than 10 years on January 1, as the state Department of Labor & Industries (L&I) announces a 5 percent decrease in the average amount employers pay for the coverage. “We’re seeing fewer injuries on the job and… [Read more]
Industry News
York Appoints Dennis Duchene as EVP, Managed Care
Jersey City, NJ – York recently announced that Dennis Duchene has been appointed Executive Vice President, Managed Care. Duchene will oversee and manage all aspects of York’s Managed Care solutions, reporting to Chairman and CEO Thomas Warsop. With more than 20 years of experience in managed care and finance, Dennis most recently served as president… [Read more]
Federal Jury Convicts IL Doc on Fraud Charges for Billing Nonexistent Treatments
Chicago, IL – A federal jury has convicted a Chicago doctor on fraud charges for billing insurance companies for purported chiropractic manipulations that were never performed. DR. PAUL MADISON, an anesthesiologist and pain management specialist, owned Watertower SurgiCenter LLC, an outpatient surgical center on North Michigan Avenue in Chicago. From 2005 to 2009, Dr. Madison… [Read more]
CLARA analytics Debuts New AI-Driven MSA Tool
Santa Clara, CA – CLARA analytics recently announced a new feature of its CLARA claims product that provides Medicare Set-Aside Arrangement (MSA) services faster and at vastly reduced costs. The data-driven MSA solution enables CLARA claims users to compile a much richer, more detailed analysis of estimated future medical costs for injured workers — all… [Read more]
LA Workers’ Compensation Insurance Rates to Decrease
Baton Rouge, LA – Insurance Commissioner Jim Donelon recently announced that rates for workers’ compensation policies are decreasing. The Louisiana Department of Insurance has approved a rate filing from the National Council on Compensation Insurance (NCCI) for a statewide decrease of 5.6% in workers’ compensation rates. NCCI is a national organization, which analyzes workers’ compensation… [Read more]
Edward L. Rand Named President of ProAssurance Corporation
Biringham, AL – ProAssurance Corporation (NYSE:PRA) recently announced that Edward L. “Ned” Rand, Jr. is assuming additional responsibilities as President of the Company. Mr. Rand has been serving as Chief Operating Officer since January 2018. Prior to being promoted to that position he served 13 years as the Chief Financial Officer for ProAssurance. Chairman and… [Read more]
TDI-DWC Releases Analysis of 2005 Reforms’ Impact on Workers’ Comp System
Austin, TX – The TDI-DWC recently released a pair of biennial reports to the Texas Legislature, the first of which examines the impact of the 2005 House Bill (HB) 7 reforms on the affordability and availability of workers’ compensation insurance for Texas employers and the impact of certified workers’ compensation health care networks on return-to-work… [Read more]
One Call Launches New Biopsychosocial Health Program
Jacksonville, FL – One Call recently announced that it has partnered with TrestleTree, a Harvard Pilgrim company that offers behavioral health coaching services and proprietary opioid risk prediction tools, to accelerate an injured worker’s road to recovery. One Call is committed to coordinating the individualized, holistic treatment of injured workers. When a worker gets hurt… [Read more]
Paradigm Outcomes Unifies Subsidiaries Under New Brand
Walnut Creek, CA – Paradigm Outcomes recently announced that its wholly owned subsidiaries, The ALARIS Group, Encore Unlimited, ForeSight Medical and Adva-Net, are uniting under a common brand – Paradigm. The company will deliver its set of solutions through three divisions: Catastrophic Care Management, Complex Care Solutions and Specialty Networks. “Our new brand is a… [Read more]
ProAssurance Announces Special and Regular Dividends
Birmingham, AL – The ProAssurance Corporation (NYSE: PRA) Board of Directors recently declared a special dividend of $0.50 per share and a regular dividend of $0.31 per share. Both will be paid on January 9, 2019 to shareholders who own the stock as of December 21, 2018. “The special dividend declared today affirms our ongoing… [Read more]