Insight, analysis & opinion from Joe Paduda
Has to be nursing in a health system or hospital. There’s bullying of young nurses by “more senior” nurses… Management dismissing nurses’ complaints about sexual harassment, groping, violence and abuse. Awful hours, Having to ask if you can go to the … Continue reading The worst job ever.
Read More...It’s that time of year…when the brilliant minds at WCRI release the latest CompScope report. The top finding…is likely to surprise many… Couple observations: yes, this was during COVID….medical costs during COVID were LOWER, not higher than previous in previous … Continue reading CompScope is up…medical costs are not.
Read More...Wonder why that office visit/imaging study/minor surgery/diagnostic test costs twice what it did last year? Partly/mostly because the physician practice was acquired by a health system or big hospital…which – under current Federal law – allows the new owner to upcharge … Continue reading Medical costs are going up because…
Read More...Old coal-fired electric plants are being converted to manufacturing, residential, office, and recreational uses. These are massive undertakings involving dismantling giant buildings; taking down crumbling smokestacks; removing hundreds of tons of asbestos; shredding hundreds of tons of steel, copper and … Continue reading more good jobs = more premium and more claims
Read More...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
Read More...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…
Read More...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
Read More...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…
Read More...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
Read More...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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