Insight, analysis & opinion from Joe Paduda
Part 2 of The NCCI State o’ the Line; aka the Dennis Mealy farewell tour. There was a good bit of discussion re frequency in his SoL report, with Mealy noting there was a sharp decline in relatively low-cost claims early … Continue reading Work comp frequency and severity – Mealy reports on 2012
Read More...There’s a bunch of nonsense circulating on the web claiming the Obama Administration has said the average family premium under Obamacare will be $20,000 in 2016. The sources, primarily lousy journalists, right-wing ideologues and wingnuts (Betsy McCaughey), are either: a) … Continue reading IRS, health care premiums under ObamaCare, and right-wing distortions
Read More...Here’s what I see happening in the world of workers’ comp and WC services in 2013… three today, three tomorrow and the last four Wednesday – unless other news intrudes. 1. Vendor consolidation There are two main drivers – the … Continue reading Predictions for the workers comp world in 2013
Read More...Claimants with comorbidities [health issues identified by the treating doc] cost a lot more than patients without. That’s the conclusion of NCCI’s latest report, and a finding all workers’ comp stakeholders would do well to consider carefully – for several … Continue reading Comorbidities double workers’ comp claims costs
Read More...Papa John’s Pizza founder and CEO John Schnatter said he’s going to have to raise the price of his pizzas by 10 to 14 cents to cover the added cost of complying with Obamacare’s provisions. (turns out it’s only 3.4 … Continue reading The cost of Obamacare – 14 cents per pizza…
Read More...Update – this morning we find out that only two states – MO and TX – test compounded drugs, and their findings are alarming indeed. The strength of the potions concocted by compounders can vary greatly, with Texas determining a … Continue reading Killing compounds and workers comp – UPDATE
Read More...A job-killing socialistic government-run abandonment of the free market and abuse of federal power – that’s pretty much on the far end of the “awful” scale. If that was true, we’d all be up in arms. But it isn’t. I’m … Continue reading How awful is Obamacare?
Read More...[see update below] Now that the Supreme Court has handed down the final word on the PPACA, we can stop speculating and start thinking thru how it will effect workers comp. Overall, this is good news. That may not sit … Continue reading UPDATE – Health reform, the Supreme Court decision and workers comp
Read More...Anthem workers comp bill review, UR, and case management businesses will be/has been sold to ISG, owner of Stratacare and Bunch. The deal has been in the works for some time, with customer discussions occurring over the last couple weeks. … Continue reading Anthem work comp’s selling, ISG/Stratacare’s buying
Read More...While all of Capitol Hill was focused on the hearings on ObamaCare at the Supreme Court, the Administration was quietly proceeding with plans to federalize the medical portion of workers’ compensation. The effort has reportedly been led by Assistant Deputy … Continue reading Workers’ comp medical to be federalized
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