Industry Insights
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Paduda: Work Comp's Ongoing Soft Market | 09/13/2019 | |
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| By: Joe Paduda | |||
| State: NA | Segment: Top | 0 | |||
| Work comp rates continue to drift ever lower, with new declines announced pretty much every week. While this is great for employers and taxpayers, the impact on insurers, third-party administrators and the work comp ecosystem is rather less than “great.” ...Read More | |||
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Paduda: Chronic Pain, Opioids and Workers' Comp | 09/09/2019 | |
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| By: Joe Paduda | |||
| State: NA | Segment: Top | 0 | |||
| The hammer is starting to fall on the opioid industry, and the repercussions are echoing through the comp industry. ...Read More | |||
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Paduda: Are Health Insurers' Profits and Costs the Problem? | 08/21/2019 | |
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| Source: Joe Paduda | |||
| State: NA | Segment: Top | 0 | |||
| There’s a lot of bleating about the huge profits made by health insurers, with some — including too many who should know better — complaining loud and long. Insurers and pharma netted about $97 billion last year. ...Read More | |||
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Paduda: The Coming Recession's Impact on Workers' Comp | 08/19/2019 | |
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| By: Joe Paduda | |||
| State: NA | Segment: Top | 0 | |||
| It’s not if — it’s when the next will recession hit. Things were looking iffy a couple months ago, and if anything, the outlook has worsened since then. ...Read More | |||
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Paduda: California Conundrum | 07/24/2019 | |
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| By: Joe Paduda | |||
| State: CA | Segment: Top | 0 | |||
| What the heck is going on in the Golden State? ...Read More | |||
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Paduda: One Call, WCRI and a Correction/Expansion | 07/16/2019 | |
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| By: Joe Paduda | |||
| State: NA | Segment: Top | 0 | |||
| Too darn busy last week to get my usual three-five posts up. Things are calming down this week. ...Read More | |||
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Peabody: Alternative Dispute Resolution System Offers Key Advantages | 06/25/2019 | |
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| By: Michael D. Peabody | |||
| State: CA | Segment: Top | 1 | |||
| When the California Legislature established a workers' compensation system in 1913, it was designed to mandate insurance to rapidly provide desperately needed medical treatment and wage loss mitigation to injured workers. ...Read More | |||
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Paduda: Drug Price Fixing's Impact on Workers' Comp | 06/03/2019 | |
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| By: Joe Paduda | |||
| State: NA | Segment: Top | 1 | |||
| The generic drug manufacturers’ price-fixing scheme raised prices by up to 1,000%. But there’s good news for workers’ comp payers, as the impact has been minimal. ...Read More | |||
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Paduda: Hey, Work Comp Payers — Do Your Job | 05/29/2019 | |
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| By: Joe Paduda | |||
| State: NA | Segment: Top | 0 | |||
| Has any workers’ comp insurer, excess carrier, state fund or any self-insured employer sued opioid manufacturers, distributors or dispensers? ...Read More | |||
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Paduda: Comparing Work Comp to Group Health | 05/22/2019 | |
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| By: Joe Paduda | |||
| State: NA | Segment: Top | 0 | |||
| Barry Lipton, a senior actuary at the National Council on Compensation Insurance, did a quick review of a few ways work comp and group health differ, and how they are sometimes comparable. ...Read More | |||
