Insight, analysis & opinion from Joe Paduda
Just chill. Several readers have suggested I post on the coronavirus issue and how it relates to workers’ comp. My quick takeaway – it’s highly unlikely coronavirus will be contained – but the death rate (percentage of people who die … Continue reading Coronavirus Part One, the Bad News and the Good.
Read More...Workers’ comp medical costs are not increasing… Even close followers of the industry would get the opposite impression; pretty much all industry “news”, marketing pitches, industry executive poll results and investor reports talk about rising medical costs or the fear … Continue reading Work comp medical costs – the real story
Read More...A recent piece in WorkCompCentral highlighted research that ostensibly said paying injured workers higher indemnity benefits results in longer disability duration and higher costs. At least that’s what one might conclude from the headline – and the research report itself. … Continue reading NO, higher indemnity payments ≠ longer disability
Read More...Reality is, switching to a government-run and administered healthcare system would crush the economy – because millions would lose their jobs. There are 22 million jobs in the US healthcare and related industries (that includes mine, one of our daughters, … Continue reading Single Payer’s impact on jobs
Read More...I asked WCRI President John Ruser PhD for the scoop on the upcoming WCRI annual conference…here’s the interview. What is different this year (format, topics, approach)? Same credible WCRI research, but different topics (e.g., How Injuries, Claims, and Outcomes Change … Continue reading What’s up with WCRI 2020?
Read More...(this is an update of a post from last year; given all the attention, it’s timely) It’s the worst kind of government over-reach. It’s an easy solution to a huge problem that will cost nothing. And everything in between. Between … Continue reading Single Payer – what’s the real scoop?
Read More...Barring some catastrophic exogenic event (war with Iran, pandemic, sudden recession) – workers’ comp premiums will continue to shrink. Meanwhile, despite compelling evidence work comp execs are worried about the opposite problem – that they won’t be able to raise … Continue reading Now’s the time to fix that roof.
Read More...Let’s get real folks. “Virtually every American has someone with an existing health condition in their family at any given time” Dan Mendelson, CEO, Avalere The Texas lawsuit filed by Republican Attorneys General and supported by the Trump Administration would … Continue reading What about your pre-existing conditions?
Read More...Healthcare is the central issue in the 2020 election. If Republicans are able to keep healthcare out of the conversation, they win. If Democrats make healthcare THE issue, they win – with one big caveat. Insurers and hospitals are making … Continue reading The Healthcare Election
Read More...Mike Bloomberg may be our next President. If his long-shot bid works, healthcare will be the issue that wins it for him. I know, Bloomberg??? Riiiiiiiiight… Up until a week or so ago, I didn’t think the guy had a … Continue reading Bloomberg’s betting on healthcare
Read More...