Columbia, MO – Missouri Employers Mutual, the state’s No. 1 provider of workers compensation insurance, has voluntarily agreed to a full audit of its operations by the Missouri State Auditor. In an effort to further demonstrate transparency, MEM has also agreed to release the company’s previous independent financial audit reports, requested salary information and minutes… [Read more]
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Work Comp Payers in Wisconsin Gain Cost Containment Edge with New Certified Database
The most complete workers’ compensation medical fee database has hit the State of Wisconsin. “ClearChoice-Wisconsin,” developed by medical cost containment company Rising Medical Solutions, is one of just a select few certified database services in the State. ClearChoice-Wisconsin has four Facility and Non-Facility certifications, making it the most comprehensive of…[Continue Reading]
CA Division of Workers’ Comp Posts Adjustments to Official Fee Schedule
The Division of Workers’ Compensation (DWC) has posted adjustments to the outpatient hospital departments and ambulatory surgical centers section of the official medical fee schedule (OMFS) to conform to changes in the Medicare payment system as required by Labor Code section 5307.1. The changes take effect Sept. 15, 2011. Further information and the adjustments to… [Read more]
Fresh Approaches to Challenging Workers’ Comp Issues to be Presented at WCRI Conference
CAMBRIDGE, MA – Research-based solutions to real-world issues facing the nation’s workers’ compensation system will be presented at the Workers Compensation Research Institute (WCRI) 28th Annual Issues & Research Conference, scheduled for Nov. 16-17, 2011 at Boston Park Plaza Hotel & Towers in Boston, MA. The unique conference highlights the first presentations of the latest… [Read more]
AIA Testifies Against Discontinuation of Uniform Conversion Factor in SC
WASHINGTON, DC – Ken Stoller, senior counsel of the American Insurance Association (AIA), today testified before the South Carolina Workers’ Compensation Commission in opposition to its proposed Regulation 67-1302 (A). The proposed regulation would permit discontinuation of the use of Medicare’s Resource-Based Relative Value Scale (RBRVS) [Continue Reading]
AMCOMP Publishes Comprehensive Workers Compensation Text Book
NEW YORK–(BUSINESS WIRE)–Donald T. DeCarlo announced the publication of AMCOMP’s new comprehensive text book Workers Compensation: The First 100 Years. The book is authored by Donald T. DeCarlo, AMCOMP’s Founder and Chairman and Roger Thompson. DeCarlo was previously a Partner at Lord Bissell & Brook, LLP [Continue Reading]
DAVID and PreCare Partner to Provide Services to Workers’ Comp Market
DAVID Corporation, a provider of risk management and insurance software and services, and PreCare, Inc., a national provider of onsite injury prevention, wellness, and physical therapy treatment, today announce that they have entered into a partnership agreement…[Continue Reading]
Fitch Affirms California Workers Comp. Relief Bonds at ‘AA’
Fitch Ratings takes the following action on the California Infrastructure and Economic Development Bank (infrastructure bank) as part of its continuous surveillance effort): Approximately $611 million workers compensation relief bonds, series 2004A & 2004B, affirmed at ‘AA’.The Rating Outlook is…[Continue Reading]
West Virginia Governor Announces Changes in Loss Cost Rates for Workers’ Comp
CHARLESTON, W.Va. – Gov. Earl Ray Tomblin, joined by business leaders, announced recently that the West Virginia Offices of the Insurance Commission has approved of a reduction in loss costs rates for workers’ compensation insurance from the National Council on Compensation Insurance Inc. (NCCI). This filing will result in an overall decrease of 8.1 percent… [Read more]
Workers Compensation Claims Peak in Summer Months
HARTFORD, Conn.–(BUSINESS WIRE)–From June through September, workers compensation claims at small businesses are at their peak, according to an analysis of Travelers’ claims data. Lower back strains and other back-related injuries and injuries from slips, trips and falls are the most common, and workers under 30 years old comprise almost one third of those sustaining… [Read more]