Archives

April 20, 2020
NCCI Explores Economic Impacts of COVID-19 on Workers’ Comp

The National Council on Compensation Insurance (NCCI) published a new report on the economic impact of Coronavirus on workers’ comp, exploring employment, business closure and furloughs, injury frequency, injury severity,...

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May 12, 2020
2020 Workers’ Comp Industry Insights Survey & Infographic

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July 21, 2024
Specialty Drugs to Watch in Workers’ Comp: Infusibles and Injectables

Specialty drugs continue to comprise a growing portion of costs in workers’ comp – anywhere from 5-8% of total pharmacy spend, according to recent industry data. In fact, individual therapies...

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February 17, 2022
Claims Adjusters Are the Future Leaders of Workers’ Comp: How Can We Nurture Their Success?

...workers’ comp medical management, and thus brings a unique perspective on how to attract and retain workers’ compensation talent. This article examines how the skills and experience gained in the...

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December 1, 2022
4 Drug Classes Driving Pharmacy Costs

By Healthesystems With opioid utilization down, there is no longer a consolidated driver of pharmacy costs in workers’ comp. Instead, the industry faces a growing diversity of smaller, niche trends...

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April 18, 2022
In Harm’s Way: The Impact of Violence in Workers’ Comp

Types of violence that can impact workers’ comp...

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March 6, 2021
New York and New Hampshire Rule in Favor of Marijuana Reimbursement

...ruled that medical marijuana is reimbursable in workers’ comp, while three states – Florida, North Dakota, and Michigan – explicitly exempt medical marijuana from workers’ comp reimbursement. Marijuana continues to...

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October 14, 2022
New Challenges? New Opportunities

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September 7, 2019
California Publishes One-Year Report on Workers’ Comp Formulary

In late August, the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) published a One-Year Checkup on the California Formulary, an early assessment of the California workers’ comp formulary’s impact on actual...

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May 21, 2023
Unpredictable Costs: How Will Healthcare Price Inflation Impact Workers’ Comp?

...general inflation rate increased by a modest 6% over 2021. Year Over Year: Dec 2021 – Dec 2022 6.25% - General inflation rate 81.8% - Healthcare inflation rate Historically, healthcare...

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