NCSI holds the second in the Webinar Series on October 8, 2020
Tuesday, September 22, 2020 | 308 | 0
Kicking off the second in the series is Joe Paduda, renowned blogger and nationally recognized expert in medical management and pharmacy. Joe will discuss how external forces are driving up employers' workers compensation hospital costs, yet few third-part administrators or insurers are paying attention--much less implementing effective solutions. In most states, employers pay 3-8 times Medicare's cost for facility costs and these are increasing. This session shows why and how hospitals and health systems target workers' compensation to recoup revenue lost to cuts in Medicare and Medicaid - and outlines approaches to mitigate those efforts.
In the second half of this webinar session, Cathy Puls of Lockton Companies will discuss Vendor Relationships. She will discuss the simplicity of the premise of Workers' Compensation; providing timely medical treatment and replacing lost wages. Since its inception in 1912, it has gotten more complex, and more expensive. As more and more companies/vendors have stepped forward to provide services to assist in claims management, she will show you how to tell if the proposed service or company is effective? How you can tell if they are impacting the cost of risk positively or negatively? Whether the proposed service is even manageable within your program? How does a self-insured vet a proposed partner? Once chosen, what is the best way to implement their services into your program? How do you measure the effectiveness of the services being provided? You will hear about partner relationships including legal panels, occupational medicine partnerships, provider networks, claim management systems and the plethora of vendors anxious to provide services to self-insureds.
Both of these sessions are sure to provide insights and strategies that you can immediately implement into your own programs.
And remember there will be gift card give away's at each webinar, beginning with this first one. And you will definitely want to participate in the virtual social hour with our New York mixologist in December. You can only attend that event if you have participated in one of the NCSI webinar sessions and our Social Hour is free!!