Insight, analysis & opinion from Joe Paduda
It’s been a wild party in the comp world – and a long one too. A brutal hangover may well be next for work comp payers. Those who remember the late nineties are getting increasingly nervous, as well we should. … Continue reading It feels like the party’s just about over
Read More...Coventry CFP Shawn Guertin confirmed the company’s commitment to workers comp in this morning’s Morgan Stanley Global Healthcare Conference, noting comp is a : “[somewhat] different piece [compared to their medicare and commercial business] that has performed very well this … Continue reading Coventry will not be selling its workers comp unit
Read More...Work comp is affected by several factors, but none are as significant as the economy. After over a year of horrible news, things look to be slowly getting better. As activity picks up, we can expect the comp industry to … Continue reading The recovery is coming – what does that mean for work comp?
Read More...There are definitely more than ten, but here’s my list. 10. A federal death panel will decide who gets care and who gets ‘suicide-d’. This has been debunked almost as many times as it’s been ‘bunked’, Section 1233 of America’s … Continue reading Top ten misconceptions about health reform
Read More...The fierce battle over the public plan option is much ado about very little, an epic battle over a useless piece of political ground. It is the health care debate’s version of the Battle of the Hurtgen Forest – a … Continue reading Why the fight over the public plan option is pointless
Read More...Shawn Guertin, Coventry’s CFO, spoke at the Wachovia investor day conference late last month, and here, so you don’t have to listen to the entire webcast, are the highlights. But if you do want to, it is still available here … Continue reading The latest on Coventry Health – steady progress
Read More...and if you want to know why, read NCCI’s latest research brief on the decline in claim frequency. That’s not to say some companies haven’t shot themselves in the foot – repeatedly – with over-hyped expectations, poor service, and lousy … Continue reading The work comp managed care business is hurting
Read More...NCCI President Steve Klingel led off the NCCI Annual Issues Symposium (AIS) with a discussion of reform. Regulation Notably, despite the sweeping wins by Democrats at the state level, the actual number of reform bills likely to become law decreased. … Continue reading NCCI – Impact of regulatory changes and the recession on work comp
Read More...I’m covering the Annual Issues Symposium at the NCCI Conference in Orlando… The agenda looks pretty strong, and attendance is solid as well – at 98% of 2008 levels (a big contrast to the RIMS show last month). NCCI released … Continue reading Annual NCCI Conference – preview
Read More...“it’s all a fee-based business, so actually the workers’ comp business, the more bills there are, the more claims there are, the better that we do.” [emphasis added] Allen Wise, CEO, Coventry Healthcare, Q1 2009 earnings call That was the … Continue reading Wise on work comp – the more bills, the better
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