Injuries Cost the U.S. $671 Billion in 2013 October 22, 2015 The total estimated lifetime medical and work loss costs associated with fatal and non-fatal injuries in the United States was...
Fee Schedule Rate Updates Lead to Rise in Illinois Workers’ Comp Medical Payments October 21, 2015 Medical payments per workers’ compensation claim in Illinois rose 4.1 percent in 2013, after decreasing 20 percent between 2010 and...
Property Casualty Medical Fraud, Waste Rampant October 14, 2015 By Denise Johnson Fraud continues to be problem for the insurance industry and medical fraud, in particular, is growing according to Andy Tolsma,...
Study Reveals Workers’ Comp Medical Cost Drivers and Impact of Reforms in 17 States October 14, 2015 The factors behind trends of medical payments per claim in state workers’ compensation systems and the impact of legislative and...
Why Drugs Cost 3 Times More in the U.S. October 12, 2015 By Ben Hirschler U.S. prices for the world’s 20 top-selling medicines are, on average, three times higher than in Britain, according to an...
White Paper Outlines How Virtual Workers’ Comp Payments Could Reduce Fraud October 9, 2015 “The Missing Link in Provider Payments,” a new DataPath white paper, reveals how increases in medical costs and the number...
New Study Finds Crisis Services Largest Cost Associated with Cyber Claims October 5, 2015 By Denise Johnson Latest claims costs data reveals wide discrepancy on costs associated with cyber losses. More than $75.5 million has been spent...
Impact of Procedure Code Analysis on Claims Handling Procedures July 20, 2015 By Edward Olsen, DC, CPCU, senior business process consultant, Mitchell International Investigation into the top 10 procedure codes, based on total allowed amount, experienced by the auto casualty insurance marketplace provides...
Opioid Abuse Rises in Construction, Manufacturing Sectors: CNA July 2, 2015 CNA recently issued two new reports that examine the growing prescription opioid abuse epidemic and its effect on the U.S....
July Most Dangerous Month for Motorcycle Crashes According to Progressive Claims Data July 2, 2015 The summer travel season is peak time for passionate motorcycle riders and after a brutal winter, they’re anxious to make...