myMatrixx®, a full-service pharmacy and ancillary medical benefits management company, announced today that it is applying for Workers’ Compensation Pharmacy Accreditation from URAC, a Washington, DC-based health care accrediting organization that establishes quality standards for the health care industry. Workers’ Compensation…[Continue Reading]
Top Stories
Company Ordered to Pay $300K to Texas Mutual
Texas Mutual Insurance Company reported recently that Bar H Concrete, Inc. of Sulphur Springs pleaded guilty to workers’ compensation fraud-related charges. A Travis County district court ordered Bar H Concrete to pay $300,000 in restitution to Texas Mutual. Bar H Concrete, owned by Charles Rick Henderson and John Herbert Heilman of Sulphur Springs, obtained workers’ compensation… [Continue Reading]
Liberty Mutual Webinar Explores Workers Comp Implications of Aging Workforce
BOSTON–(BUSINESS WIRE)–To help workers compensation buyers, brokers and agents better control the cost of claims from older employees, Liberty Mutual developed the “When I’m 64: Health and Safety issues of the Aging Worker” webinar. Uncontrollable demographic trends result in an older workforce. Between 2005 and 2010, the number of… [Continue Reading]
US Department of Labor Improves Enforcement Databases
WASHINGTON — The U.S. Department of Labor today announced enhancements to its online enforcement database designed to improve public access to and understanding of the department’s enforcement actions. The updated website includes a number of new features, including map displays of inspection and violation data from the department’s Occupational Safety… [Continue Reading]
ScripNet adds Key Operational, IT and Sales Executives
LAS VEGAS, NV – ScripNet, a nationwide pharmacy benefit manager (PBM) who contracts with workers’ compensation insurance carriers, self-insured public and private organizations and pharmacies, has added a number of key executives to its management team in the areas of operations, IT and sales. Kellie Caliguire, Director of Sales for ScripNet’s Eastern Region, has worked…[Continue Reading]
CWCI Finds Average TD Payments In California WC Are Up as TD Duration Increases
New CWCI data on temporary disability (TD) claim experience in California workers’ compensation since the enactment of 2004 reforms (SB 899) shows that average TD benefit payments and paid TD days have been increasing in recent years, with average TD paid 12 months after the initial payment on accident year (AY) 2009 claims nearly matching… [Continue Reading]
EK Health Hires Anita Breedlove as Executive VP of Business Development
SAN JOSE, Calif. & ORLANDO, Fla.–(BUSINESS WIRE)–EK Health Services, Inc., a leading national workers’ compensation managed care company, announced today that Anita Breedlove has been hired as Executive Vice President of Business Development. As a member of the EK Health executive team, Breedlove is responsible for maintaining and marketing EK Health’s services…[Continue Reading]
Eastern Insurance Holdings, Inc. Increases Repurchase Authorization of Common Stock
LANCASTER, Pa. /PRNewswire/ — Eastern Insurance Holdings, Inc. (“EIHI” or the “Company”) (NASDAQ: EIHI) announced today that its board of directors has increased the repurchase authorization of its issued and outstanding shares of common stock by 1,000,000 shares. As of the close of business on August 22, 2011, the Company had 213,168 shares remaining on… [Read more]
WCIRB Submits January 2012 Pure Premium Rate Filing
San Francisco, CA – The WCIRB has submitted its January 1, 2012 Pure Premium Rate Filing to the California Department of Insurance (CDI) containing pure premium rates proposed to be effective January 1, 2012. These pure premium rates represent the anticipated cost of losses and loss adjustment expenses expected to be incurred on policies incepting… [Read more]
PMSI Launches Online Support Tool for Workers’ Comp Claims Management
Tampa, Fla (PRWEB) – PMSI, one of the nation’s largest and most experienced companies focused on workers’ compensation today launched a new online resource center to help support the growing number of claims professionals working remotely. MyClaimsKit.com is a web-based portal where adjusters and case managers can find and access resources…[Continue Reading]