Insight, analysis & opinion from Joe Paduda
While premium increases remain at pretty low levels, employees’ share of costs is increasing. In fact, that’s one reason premium increases are as low as they are. Without the higher employee premium contributions, deductibles and copays, premiums would have gone … Continue reading What’s happening in the “real” health care world?
Read More...Reuters reported Friday that Apax partners, owners of One Call Care Management and Genex, is “preparing to bid close to $2 billion for peer Helios, people familiar with the matter said, in what would be one of the workers’ compensation … Continue reading Another transaction in work comp
Read More...Over the last couple of years, generic prices increased rather substantially, spurring Congress to open an investigation after reports indicated retail pharmacy generic prices increased 37% over three months. Congress is a bit late to the party, as it appears … Continue reading Why have generic drug prices increased?
Read More...A prominent issue for many work comp payer execs is the continued consolidation in the medical management space; as the big get huge, there are fewer and fewer choices for payers to turn to. The big, multi-product/multi-service companies tout the … Continue reading Integrated services vs Choice – how do you want to buy work comp medical management services?
Read More...Research to date says no. Equian’s Glen Boyle shared some research with me that indicates there doesn’t seem to be any delays in claimants getting physician appointments. Glen was following up on my post on NCCI’s research report at last … Continue reading Is ACA affecting work comp medical waiting times?
Read More...Another deal goes down, more clarity around IMRs, more data on the impact of the Affordable Care Act – it’s been busy. First up, Select Medical’s purchase of Concentra. In what looks to have been a pre-emptive move, Select Medical announced … Continue reading Friday catch up
Read More...I’ve decided to split my predictions into work comp stuff (where I do most of my work) and health care stuff not directly related to work comp. Here’s my health care predictions… 1. Health care cost inflation will remain low. After … Continue reading 2015 health care predictions
Read More...Before jumping into my predictions for 2015, I thought it would be helpful to review my previous prognostications. Here’s how I did, color-coded for your grading ease: 1. Overall, the work comp insurance market will be steady. Yep; rates were … Continue reading 2014’s predictions; how’d I do?
Read More...I haven’t looked into CorVel for some time now, but a tipoff from WorkCompWire got my interest – specifically a passage that read: Revenues for the quarter ended September 30, 2014 were $124 million, a 4% increase over the $119 million in revenue in … Continue reading CorVel’s quarterly revenues up, profits down
Read More...While it may be a bit premature, I’d suggest it is never too soon to being thinking thru the potential implications of a deal of this magnitude. Let’s do a very quick review of market changes, then jump into … Continue reading The Apax-Coventry deal – implications aplenty
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