Joni Mitchell’s Big Yellow Taxi provides today’s lede…and for good reason. The handful of elected House members on the verge of shutting down the entire government claim no one will notice when the Feds are furloughed. Ha. Here’s a very … Continue reading A gubmint shutdown and you
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Isn’t a problem. In most states. Today. That is the headline takeaway from WCRI’s presentation last week… First a few key factors. Drug spend is a much lower percentage of total medical today than it was a decade ago. I’m … Continue reading Medical inflation in work comp…
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You may not have heard of the Build America, Buy America Act…here’s why it is good news indeed for US manufacturing and construction – and employment. BABA lays out requirements for US content in federally funded infrastructure projects, requirements that … Continue reading Good news Friday…Build America, Buy America
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RAND’s long-awaited research paper on Alternative Payment Models for California Workers’ Comp is out. It is…underwhelming, incomplete, doesn’t focus on key metrics, did not include actual examples of APMs in WC (of which there are many), makes inappropriate comparisons, and…I could … Continue reading RAND’s report on Alternative payment models in work comp…oh my…
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Loyal readers know I hold myself accountable…if I call out others, I need to do the same for my own errors and misjudgments. also – I dumped my Twitter account and moved to Threads – joe_paduda is the handle. so … Continue reading 2023 predictions for workers’ comp – how am I doing? part 2
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Healthcare costs for the average family of four topped $31,000 in 2023. That’s the latest from Milliman. Think about that – what percentage of your annual income is $31,000? a third? a quarter? a fifth? to calculate your total costs, … Continue reading Quick hits….
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Texas has some rather troubling healthcare problems…and Texas’ legislators are asking the state’s largest workers’ comp insurer to help solve those problems. First, a few Texas healthcare data points… more Texans are uninsured than in any other state, access to … Continue reading Can Texas Mutual help Texas’ health insurance/healthcare needs?
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is hospitals hoovering dollars out of employers, work comp insurers, and taxpayers’ wallets. (sorry all…due to a bug in WordPress some of you may be getting this again) WCRI’s latest research report on hospital costs is a must-read for anyone … Continue reading that giant sucking sound…v3
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is hospitals hoovering dollars out of employers, work comp insurers, and taxpayers’ wallets. WCRI’s latest research report on hospital costs is a must-read for anyone involved in work comp claims, medical management and actuarial issues. Kudos to Drs Olesya Fomenko … Continue reading That giant sucking sound…v2
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Consumers don’t care. Yesterday we dove into the disconnect between patient satisfaction (my nurse was sooo nice and my room…wow!) and quality of care (how likely was I to die). Today, we focus on how this affects our healthcare. Or, … Continue reading US healthcare quality is poor because…
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