Insight, analysis & opinion from Joe Paduda
This always seems like a good idea in January, looks like a not-well-thought-thru idea in July, and by December morphs into a well-it-coulda-been-worse idea. But I’ve got a short memory, so here goes – in no particular order, predictions for … Continue reading What’s up for 2011 – predictions for work comp in the Next Year
Read More...So, how’d my predictions for 2010 turn out? Well, I won’t e jumping for joy – or out any windows either. Here’s what I predicted back in January for 2010, and a (mostly) objective assessment of the accuracy thereof. 1. … Continue reading How’d those 2010 predictions turn out?
Read More...We’ve all had a few days to digest the recently announced Humana – Concentra deal, and perhaps think thru what this means for Humana, why they did the deal, and if this gives any insight into what other health plans … Continue reading The Humana – Concentra deal: this isn’t that hard to figure out, people
Read More...When you get a call late on a Friday, it’s usually good news – if it was bad, they’d usually wait till Monday rather than ruin your weekend. The call I received from Kent Takemoto, MD, President of PMSI Settlement … Continue reading Good news on a Monday – CMS’ change in MSA ‘accounting’
Read More...The much-anticipated ‘State of the Line’ presentation by NCCI’s Dennis Mealy (which will be available on ncci.com’s website next week) is the highlight of the Symposium. Here’s what Dennis had to say. First, the overall property and casualty (P&C) industry’s … Continue reading NCCI’s state of the industry 2010 – the details
Read More...NCCI President Stephan Klingel led off this year’s NCCI Annual Issues Symposium with a brief intro, and his lead in wasn’t exactly encouraging, predicting a ‘precarious’ outlook for the workers comp market. The factors that led NCCI to characterize work … Continue reading NCCI’s state of the industry 2010 – the overview
Read More...Numbers released by the Institute for Supply Management indicate manufacturing activity increased in April for the fifth consecutive month, while public construction was also up. The manufacturing numbers were the strongest they’ve been since June 2004, and according to a … Continue reading Good news for work comp – Manufacturing and Construction activity increasing
Read More...When the huge Chinese treasure fleets up-anchored and raised their sails, their mission was simple, the execution of that mission anything but. Expanding Chinese influence and trading was the goal, a goal that required designing, building, crewing, and training a … Continue reading Where the work comp world is heading – Part 2, the near term
Read More...I’ve long held that broad-based attempts to control the price of medical service are, at best, a short term fix, and at worst, a blunt instrument that actually encourages over-treatment and extended disability. Greg Krohm, Executive Director of IAIABC, has … Continue reading Are workers comp fee schedules driving up costs?
Read More...Today’s employment report contains a bit more of the good news workers comp have been hoping for: an increase in manufacturing employment and continued overall growth in industrial production. Overall, the economy generated 190 thousand jobs in March, the highest … Continue reading The work comp picture gets a bit brighter.
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