Insight, analysis & opinion from Joe Paduda
One of the more successful reforms in work comp over the last decade was in Florida. But there are two major issues getting lots of attention that may well overturn much of the good achieved in the Sunshine State. Dennis … Continue reading Florida’s work comp business is heading south
Read More...Jim McGarry has moved on, and David Young has moved in. That’s the quick report on changes at the top of Coventry’s work comp unit – but more is coming. McGarry, who reportedly has a solid relationship with Allen Wise, … Continue reading Coventry work comp – the change has started
Read More...A very good friend sent me this email after reading others’ comments about the Brits’ NHS. This gentleman has had numerous experiences with the American health care system, none due to lifestyle issues. Here’s his story. Five hours into an … Continue reading How bad is the United Kingdom’s National Health Service?
Read More...NCCI’s newly released report on fee schedules provides interesting reading. If you don’t have the time right now, here’s the key quote: “For comparable injuries, when WC pays higher prices than GH for specific services, those services tend to be … Continue reading Why comp hospital expenses are rising so fast
Read More...Because they allowed workers comp and national accounts to dictate provider contracting strategies, a decision that drove up the core group business’ medical loss ratio. Here’s how. The beginning of the tough times for Coventry came last spring. Up till … Continue reading Why did Coventry’s medical loss ratio increase?
Read More...The current debate in Washington has more than a few complaining about the expanding role of government in health care. The question should be, can government do a better job than private industry? Heck yes. I’ve never been one to … Continue reading Can government deliver quality health care?
Read More...It’s no secret that Coventry Health had a tough 2008. After several years of continued growth in profits, revenues, and market cap, management was nothing if not self-confident. Perhaps not self-aware, but certainly self-confident. That ended a little less than … Continue reading Coventry Health – it’s about medical, folks!
Read More...The workers comp world has certainly had its problems over 2008, and often these problems have overshadowed the successes, and victories both big and small that were achieved this year. Here without further preamble are a few of the more … Continue reading What work comp has done right
Read More...Back in September the good folks at the Texas Department of Insurance published a most interesting report (shows what a geek I am) – the 2008 Workers’ Compensation Network Report Card. Let’s start with the overall numbers. Medical costs were … Continue reading Networks in Texas – what are the results?
Read More...While I and a few thousand other industry folks have been conferring in Las Vegas, the world (most inconveniently I would add) has been marching forward without us. In Florida, it looks their progress is headed right for the edge … Continue reading Florida – the end of the happy times
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