Insight, analysis & opinion from Joe Paduda
The war in Ukraine has entered what could be an even worse phase, primarily because Putin cannot afford to admit what has turned out to be a monumental mistake. Russian rulers that screw up this bad sometimes end up dead … Continue reading Wildly off-topic 4…
Read More...Watching our granddaughter this morning which precludes lengthy opining or research. MedRisk is expanding The leading physical management company in work comp added two well-respected and quite talented execs. Sri Sridharan will join MedRisk’s C-Suite as Chief Client Officer. I’ve … Continue reading Quick catch up
Read More...You may have noticed President Biden’s request for $15 billion in additional funds to cover vaccines, anti-virals and other COVID-related needs failed. Fortunately, it’s back on the table. Unfortunately, part of the funding may come from work comp payers. The … Continue reading Work comp payers and COVID legislation funding…
Read More...A nurse was convicted of “reckless homicide and impaired adult abuse” after she inadvertently – and unintentionally – injected a patient with the wrong drug. RaDonda Vaught faces six years in prison I’m pretty angry about this – and that … Continue reading a patient dies, a nurse is blamed, a prosecutor’s behavior is amoral, and a hospital escapes blame.
Read More...Kids’ Chance has become an industry-wide phenomenon, a charity supported by insurers, employers, service companies and individuals throughout the workers’ comp world. For those not familiar with Kids’ Chance, it provides children of workers injured on the jobs with financial … Continue reading Doing the right thing
Read More...Again my fascination with the minutiae that brings defeat or victory causes me to diverge from managed care stuff to dive into what’s happening in Ukraine, why, and guess what the end result will be. (Here’s my first post which … Continue reading Wildly off-topic 2…
Read More...As the son of two parents in the CIA who grew up on military bases all over the world, I’ve had a special fascination with the minutiae…the (seemingly) minor and (seemingly) random things that cascade into defeat or victory. After … Continue reading Wildly off topic…why Ukraine is winning
Read More...My apologies for the previous attempt to post this…a picture in the post somehow blocked the view of the body of the post. What’s the deal with long-term COVID? Why are facility costs increasing and where? How will labor market … Continue reading This one works…COVID, facility cost drivers, employment – don’t miss WCRI’s annual confab
Read More...What’s the deal with long-term COVID? Why are facility costs increasing and where? How will labor market disruptions affect work comp? These and other questions will be addressed in Boston March 16 and 17 at WCRI’s Issues and Research Conference. … Continue reading COVID, facility cost drivers, employment – don’t miss WCRI’s annual confab
Read More...Six weeks ago I predicted: TPAs will add more business, mostly from carriers. As work comp continues to shrink, insurers will ramp up efforts to shed assets and expenses to reduce their cost structure. By outsourcing claims, carriers are trading the high fixed … Continue reading Cash cows, Corporate cut-backs and Corporate-speak
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