Insight, analysis & opinion from Joe Paduda
The short answer is – they have little incentive to do so. Here’s why. Workers’ comp insurance is mandatory in all states save Texas. Pretty much all employers have to carry workers’ comp coverage, so sellers of insurance and self-insurance … Continue reading Why don’t workers’ comp execs embrace change?
Read More...First – stay careful and smart – this is NOT the time to take risks; hospitals in many states don’t have room in their ICUs or ERs. Drive carefully, mask up (see below for info on the most protective mask), … Continue reading COVID update pre-holidays
Read More...Here in central New Hampshire the snow is piling up..so far we have somewhere around 2 1/2 feet with more to come. The weather reminded me of a vendor assessment project I did a while back for a workers’ comp … Continue reading The snow job
Read More...Almost 400,000 surgeries (of all types) were cancelled each week during the 12-week COVID peak this spring. In North America, almost 1.2 million orthopedic surgeries were cancelled – the vast majority in the US. Across all countries, the orthopedic cancellation … Continue reading COVID and work comp: delays in treatment = delays in recovery
Read More...Election week in America – the never-ending show continues… Here’s what else happened this week. Online registration for the CompLaude awards opened up; you can sign up here for the December 3 virtual event. Congratulations to all the nominees. The … Continue reading Friday catch up
Read More...For decades WCRI’s CompScope reports have provided deep insights into workers compensation in many states. The information is germane not only to those focused on specific states, but for anyone looking to understand what works and what doesn’t, how regulatory … Continue reading WCRI’s latest and greatest
Read More...A very busy week indeed – here’s what happened. MedRisk’s management changes Long-time CEO Mike Ryan has stepped up to Executive Chair, and President Ken Martino is moving up to CEO. Mike has led the organization as President for more … Continue reading Friday catch up; lots doing in workers’ comp
Read More...Yesterday we discussed Presidential candidate Joe Biden’s healthcare plan. Today we’ll do the same for President Trump’s healthcare plan, which was promised to be ready before the upcoming election… Five times this year President Trump has promised he will unveil … Continue reading The Trump Healthcare plan explained – briefly
Read More...We are getting more data on what insurers pay for COVID treatment, data that will help business folks better plan for the future. AHIP’s June analysis provides a range of estimates based on different infection rates; the chart below reflects … Continue reading COVID treatment costs
Read More...Last week Fair Health released an analysis of charges and payments for COVID-related medical care. Here are the key findings based on data from January through May. Median estimated allowed payment for hospital care was $24,012 for people 51-60 years … Continue reading What COVID really costs.
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