Insight, analysis & opinion from Joe Paduda
A couple days ago NCCI’s Laura Kersey penned a piece about key legislative trends, one of which was Single-Payer health insurance. Good research work. First, let’s define “single payer”. “Single Payer” – by definition – is government-financed and government-managed health … Continue reading Single Payer health insurance and worker’s comp
Read More...Several weeks ago Massachusetts’ Attorney General’s office put out a press release noting work comp PBM Optum had settled a civil case by paying $5.8 million and agreeing to “implement additional procedures to prevent overcharges in the future under the … Continue reading Optum vs the Massachusetts Attorney General
Read More...Once more I head out on a limb to prognosticate on the events and trends that will shape 2022. The soft market will continue. Carriers are still over-reserved, rates are still too high (see the opioid hangover), capital is still … Continue reading 2022 Predictions for workers’ comp
Read More...Ed. note – got an email from a colleague asking “so why should I care about who owns who or what their strategy is?” Because your service providers – that you pay a shipload of dollars to and through – … Continue reading Consolidation in work comp services – multi-service vs single focus
Read More...Is going to be a lot clearer when Congress finishes work on the Connect for Health Act. The bill has Bipartisan backing from 57 Senators, and would: permanently remove geographic restrictions on telehealth, allow patients to do visits from their … Continue reading The future of telehealth
Read More...Lots of good stuff… Those darn facility costs… WCRI’s latest survey of outpatient hospital costs, reimbursement, and all manner of related matters is just off the presses. There’s data about specific states’ costs, network penetration, facility cost trends, surgical costs … Continue reading Research Round-up – the Hospital Edition
Read More...At the height of the COVID crisis last year, some research organizations, brokers/consultants and “thought leaders” were gravely forecasting how awful this was going to be for workers’ comp. Sure, we didn’t know what was going to happen, although careful … Continue reading Comp’s culture of catastrophizing
Read More...Defying statutory requirements, logic, common sense, good government, fairness, basic math and the facts, Florida’s workers comp regulators just hammered the state’s employers, taxpayers, and physicians. This is NOT yesterday’s Three Member Panel meeting, altho it bears a striking resemblance…foregone … Continue reading Florida’s hospitals win big. Employers and taxpayers lose big.
Read More...To hear hospital lobbyists talk, you’d think Florida’s taxpayers and employers should subsidize hospital losses by paying exorbitant amounts for hospital care. Yesterday’s virtual meeting of the State’s Three Member Panel (TMP) featured several hospital lobbyists and officials waxing poetic … Continue reading Florida’s solution to hospitals’ financial mess is…
Read More...Healthcare will be the most significant near-term impact of this election. If Joe Biden wins and the Dems take the Senate, here’s what we can expect. Biden’s healthcare plan addresses the biggest problems with the ACA (known to some as Obamacare). … Continue reading The Biden Healthcare plan explained – briefly
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