Insight, analysis & opinion from Joe Paduda
The National Academy of Social Insurance has just released its latest report on workers’ compensation. This is required reading for any serious student of work comp; it’s stuffed with insights just waiting for you. Here’s a few. Note – COVID’s … Continue reading The state of workers’ comp
Read More...Fielded several calls and emails yesterday re the Moody’s credit review of One Call…while always (ok, mostly) happy to talk, rather than answering the same questions multiple times I’ll lay my thoughts out here. These are in no particular order… … Continue reading One Call’s credit rating – nerd alert
Read More...If only Florida (‘s commitment to patient safety and responsible prescribing and good workers’ comp medical care) was like California. But…no. The Sunshine State’s work comp regulators and legislators don’t seem to care about patient safety or employer/taxpayer costs – … Continue reading If only Florida was like California
Read More...Last week I posted on Raji Chadarevian and Sean Cooper’s excellent presentation at AIS. Here’s my what-this-means-for-you takeaways. Drug spend decline While NCCI’s reporting that dollars for drugs now account for 7 percent of annual isn’t too much of a … Continue reading NCCI’s take on medical cost drivers, part 2
Read More...More details from NCCI Chief Actuary Donna Glenn’s presentation yesterday… Claim costs are driven by employment, frequency (what percentage of workers gets hurt), the cost to provide medical care to those injured workers and the cost of paying their income … Continue reading Work comp loss drivers…NCCI’s 2021 findings
Read More...Last week the first five predictions about what happens in workers’ comp this year went up…today’s the second five. 6. With one or two exceptions, don’t expect much in the way of private equity investments. There may be one or … Continue reading Predictions for workers comp in 2022, part 2
Read More...on WCRI’s 38th Annual Issues & Research Conference, March 16-17, 2022. Mid-March is a great time to be in Boston! Then again, pretty much anytime is. Register here. on NCCI’s latest update on claim frequency and severity – spoiler alert, … Continue reading Don’t miss out
Read More...Last week we pondered Mitchell’s future; as (perhaps) the largest WC entity outside the TPA space Mitchell/Genex/Coventry has an enviable position – albeit one that is by no means dominant. Today our attention turns to Paradigm, a company I’ve written … Continue reading Consolidation in work comp services – speculating on Paradigm’s future
Read More...Good to be back in the habit of regular posting…lots going on deserving of your attention. Drugs From myMatrixx, a very useful post from Phil Walls, everyone’s favorite pharmacist. Phil highlights three drugs in the pipeline that may well find … Continue reading Friday catch-up
Read More...Could COVID have a “very alarming potential outcome that could have a huge impact on workers’ comp” due to claims for neurological and psychiatric issues? That’s a concern raised by Mark Walls in tweet that was noted in a recent … Continue reading COVID’s impact on workers’ comp…focus on the facts
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