Insight, analysis & opinion from Joe Paduda

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Where the work comp world is heading – Part 2, the near term

When the huge Chinese treasure fleets up-anchored and raised their sails, their mission was simple, the execution of that mission anything but. Expanding Chinese influence and trading was the goal, a goal that required designing, building, crewing, and training a … Continue reading Where the work comp world is heading – Part 2, the near term

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Posted on May 3, 2010Author Joe PadudaCategories Workers Comp

Are workers comp fee schedules driving up costs?

I’ve long held that broad-based attempts to control the price of medical service are, at best, a short term fix, and at worst, a blunt instrument that actually encourages over-treatment and extended disability. Greg Krohm, Executive Director of IAIABC, has … Continue reading Are workers comp fee schedules driving up costs?

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Posted on April 14, 2010Author Joe PadudaCategories Workers Comp2 Comments

The work comp picture gets a bit brighter.

Today’s employment report contains a bit more of the good news workers comp have been hoping for: an increase in manufacturing employment and continued overall growth in industrial production. Overall, the economy generated 190 thousand jobs in March, the highest … Continue reading The work comp picture gets a bit brighter.

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Posted on April 2, 2010Author Joe PadudaCategories Workers Comp2 Comments

Reform’s impact on workers comp; Part 2

Yesterday I highlighted four main ways health reform will impact workers comp. Today we’ll focus on the less-noticeable ways reform will change the comp industry. But we’ll start by addressing one of the common misconceptions; people without health insurance are … Continue reading Reform’s impact on workers comp; Part 2

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Posted on March 23, 2010Author Joe PadudaCategories General Insurance Issues1 Comment

Health reform’s implications for workers comp

While it’s not a done deal, the passage of health reform legislation is all but inevitable. When President Obama signs the bill on Tuesday, the American health care system will begin a change more drastic and comprehensive than anything we’ve … Continue reading Health reform’s implications for workers comp

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Posted on March 22, 2010Author Joe PadudaCategories Health Policy3 Comments

For the work comp industry, the picture is getting brighter

Yesterday’s news that US industrial production continued to improve was a welcome sign of good news for a work comp industry that has been hammered by declining claims frequency, increased severity, horrible investment returns, and a recession that prolonged what … Continue reading For the work comp industry, the picture is getting brighter

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Posted on March 16, 2010Author Joe PadudaCategories Workers Comp

What does the future hold for IntraCorp?

CIGNA has a new CEO, David Cordani, who is planning on growing the company internationally. Which may, or may not, have implications for CIGNA’s IntraCorp subsidiary. IntraCorp, the managed care subsidiary of insurance company CIGNA, was perhaps one of the … Continue reading What does the future hold for IntraCorp?

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Posted on January 5, 2010Author Joe PadudaCategories Manage Care - Group Health, Workers Comp1 Comment

Workers comp managed care – predictions for 2010

You’d think I’d learn not to make public predictions that may come back to haunt me, providing ammunition for folks who think I don’t know diddly. But I subscribe to Teddy Roosevelt’s philosophy” “The only man who never makes mistakes … Continue reading Workers comp managed care – predictions for 2010

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Posted on December 31, 2009Author Joe PadudaCategories Workers CompTags workers comp managed care6 Comments

Drug use in workers comp – the narcotics problem

Just in time for Christmas, the good folks at NCCI have released their study of Narcotics in Workers Compensation, providing readers with just what they want – more evidence that the workers comp industry has a long way to go … Continue reading Drug use in workers comp – the narcotics problem

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Posted on December 23, 2009Author Joe PadudaCategories Pharmacy, PBMs, and Pharma costs, Research, Workers Comp

UPDATE – OneCall Medical to be acquired

UPDATE Last Friday I posted the news that One Call Medical was going to be acquired; here’s the official announcement which was published yesterday. On Monday One Call Medical will announce the company has agreed to be acquired by Odyssey … Continue reading UPDATE – OneCall Medical to be acquired

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Posted on December 11, 2009Author Joe PadudaCategories Workers Comp

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