Insight, analysis & opinion from Joe Paduda
Yesterday I highlighted four main ways health reform will impact workers comp. Today we’ll focus on the less-noticeable ways reform will change the comp industry. But we’ll start by addressing one of the common misconceptions; people without health insurance are … Continue reading Reform’s impact on workers comp; Part 2
Read More...While it’s not a done deal, the passage of health reform legislation is all but inevitable. When President Obama signs the bill on Tuesday, the American health care system will begin a change more drastic and comprehensive than anything we’ve … Continue reading Health reform’s implications for workers comp
Read More...Yesterday’s news that US industrial production continued to improve was a welcome sign of good news for a work comp industry that has been hammered by declining claims frequency, increased severity, horrible investment returns, and a recession that prolonged what … Continue reading For the work comp industry, the picture is getting brighter
Read More...CIGNA has a new CEO, David Cordani, who is planning on growing the company internationally. Which may, or may not, have implications for CIGNA’s IntraCorp subsidiary. IntraCorp, the managed care subsidiary of insurance company CIGNA, was perhaps one of the … Continue reading What does the future hold for IntraCorp?
Read More...You’d think I’d learn not to make public predictions that may come back to haunt me, providing ammunition for folks who think I don’t know diddly. But I subscribe to Teddy Roosevelt’s philosophy” “The only man who never makes mistakes … Continue reading Workers comp managed care – predictions for 2010
Read More...Just in time for Christmas, the good folks at NCCI have released their study of Narcotics in Workers Compensation, providing readers with just what they want – more evidence that the workers comp industry has a long way to go … Continue reading Drug use in workers comp – the narcotics problem
Read More...UPDATE Last Friday I posted the news that One Call Medical was going to be acquired; here’s the official announcement which was published yesterday. On Monday One Call Medical will announce the company has agreed to be acquired by Odyssey … Continue reading UPDATE – OneCall Medical to be acquired
Read More...It’s been a wild party in the comp world – and a long one too. A brutal hangover may well be next for work comp payers. Those who remember the late nineties are getting increasingly nervous, as well we should. … Continue reading It feels like the party’s just about over
Read More...Coventry CFP Shawn Guertin confirmed the company’s commitment to workers comp in this morning’s Morgan Stanley Global Healthcare Conference, noting comp is a : “[somewhat] different piece [compared to their medicare and commercial business] that has performed very well this … Continue reading Coventry will not be selling its workers comp unit
Read More...Work comp is affected by several factors, but none are as significant as the economy. After over a year of horrible news, things look to be slowly getting better. As activity picks up, we can expect the comp industry to … Continue reading The recovery is coming – what does that mean for work comp?
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