Insight, analysis & opinion from Joe Paduda
What the heck is going on in the Golden State? For the second year in a row, claim frequency for self-insured employers is up (frequency is the percentage of FTEs that file a work comp claim). Over the two years … Continue reading California Conundrum – Work comp premiums are down, but self-insureds’ frequency and claim counts are up
Read More...Two messages from colleagues about yesterday’s claim frequency post add important nuance and depth to the issue. First, thanks to WCRI CEO John Ruser PhD for his note with more current information on recordable data. These data are critical as … Continue reading Workers’ comp claim frequency – part 2
Read More...NCCI’s recently-released report that indemnity claim frequency dropped another two points last year is just the latest indication that the market for traditional managed care services is shrinking. Fewer claims = fewer services needed = fewer bills; less need … Continue reading Frequency, high finance, and the future of work comp managed care
Read More...The geekiest part of NCCI is the research workshop that takes place after lunch on the second day – you know the people attending are committed if they are in Orlando on a Friday afternoon listening to economists… Harry Shuford … Continue reading Work comp’ declining frequency rate – will it continue?
Read More...Claim frequency dropped another 5% in 2012, continuing a 25-year trend of ever-decreasing frequency…well, except for that one-year uptick during the recession. More tellingly, NCCI data indicates frequency has been steadily declining across all industry groups. However, this has been partially offset … Continue reading Workers’ comp claim frequency is down, will it stay there?
Read More...Part 2 of The NCCI State o’ the Line; aka the Dennis Mealy farewell tour. There was a good bit of discussion re frequency in his SoL report, with Mealy noting there was a sharp decline in relatively low-cost claims early … Continue reading Work comp frequency and severity – Mealy reports on 2012
Read More...After an increase in claim frequency in 2010 as the nation emerged from the Great Recession, the trend flattened out in 2011, as frequency declined by one percent – significantly less than the average over the last 20 years. That’s … Continue reading Work comp claim frequency – pretty stable
Read More...I’m going to skip over two am speeches – while I could indulge my inner pundit and discourse on Charles Krauthammer’s highly selective use of data in his conservative monologue/analysis of President Obama’s psyche and disuss the insights of Arthur … Continue reading NCCI on frequency and the impact of older workers
Read More...A recent dialogue on the LinkedIn WC group got me to dive back into the question of what, if any, influence does the presence of health insurance have on work comp claim frequency? The data aren’t conclusive, but the answer … Continue reading Health insurance and workers comp claim frequency
Read More...An article in Human Resource Executive highlights the results of a report by the Government Accountability Office on workplace injuries, specifically noting many employers fail to report injuries and illnesses for fear of increasing their workers’ compensation premiums. It’s not … Continue reading Is the drop in work comp claims frequency a myth?
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