Insight, analysis & opinion from Joe Paduda
M&A activity in the world of workers’ comp services has been somewhat quiet of late, although there’s been some under-the-radar activity that – taken together – shows consolidation continues. That’s no surprise…workers’ comp is a classic mature industry with all … Continue reading Mergers, acquisitions, and reasons therefore
Read More...Didn’t post this week…was in Chicago for the annual father-son trip to watch the Sox play the Cubs…very fun time! While I was relaxing in the stands, shockingly the world continued turning… WCRI’s report on long COVID’s impact on work … Continue reading Long COVID is real, “social inflation” is not.
Read More...Two mostly-ignored things will have way more impact on workers’ comp than any other ten factors. And as usual, workers’ comp is out to lunch. Let’s quickly review the work comp industry’s failure to understand reality. When COVID hit, the … Continue reading 1 +1 = 3
Read More...Our fourth (!!) Survey of Workers’ Comp Bill Review is nearing completion…one of the good things about doing this every few years is we can identify trends and the industry’s evolution. This year we surveyed both executives and front-line staff. … Continue reading Survey of workers’ comp bill review – Fourth edition
Read More...Another day, another record-breaking heat wave. And this one is really really bad. Amazon workers are going on strike…construction crews on the Canadian border are knocking off early to avoid heat…Florida utility workers are postponing checks for gas leaks due … Continue reading Just the facts, ma’am…
Read More...While ignoramuses continue to deny we humans are changing the planet’s climate, folks with P&L responsibilities are calculating the cost of heat and heat-related injuries. The direct cost of one “heat prostration” claim is about $38,000. The average company has … Continue reading The cost of heat
Read More...A week away from the blog is now past…here’s what I missed. myMatrixx’ Chief Innovation Officer Cliff Beliveau – one of the smartest and most articulate tech people I have ever met – penned an excellent summary of AI’s potential … Continue reading Quick hits – AI in WC, Automating construction, Junk healthplans and other misadventures
Read More...Yesterday we dug into the difficult position Texas Mutual is in thanks to Texas’ Legislature and Governor. Today – as promised, why forcing Texas Mutual into a business it has zero experience in will NOT solve Texas’ healthcare mess – … Continue reading Solving Texas’ healthcare problems…or not.
Read More...Last week we talked about Texas’ healthcare problems and the Texas legislature’s decision to force Texas Mutual to jump into the health insurance business. Like you, I wondered mostly “why”… why force a very successful workers’ comp insurer to get … Continue reading Texas Mutual foray into health insurance…part 2
Read More...Of late there’s been “confusion” in several quarters about the impact of provider networks/PPOs/specialty networks on access to care and outcomes. These uninformed or willfully ignorant folks claim all manner of bad stuff is due to workers’ comp provider networks … Continue reading Work comp provider networks and access to care
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