2020 Workers’ Compensation Almanac
TELEMEDICINE: TRANSFORMING HEALTHCARE
Employers are always looking for tools to manage the complexities of balancing positive outcomes for injured workers with cost control. Telemedicine is the latest solution to generate excitement. A recent study on telemedicine [...]
MEGA LOSS CLAIMS TRENDS
Mega loss claims, which often result from traumatic injuries, signal warning signs of future rising claim costs, according to research by the National Council on Compensation Insurance, Inc. (NCCI). And it’s serious. NCCI [...]
NONFATAL DAYS AWAY FROM WORK CASES BY EVENT OR EXPOSURE TYPE, 1992–2016 (as of 3/1/19)
Key takeaways: This chart shows the total number of days away from work for all nonfatal workplace accidents from 1992 to 2016. Thankfully, the U.S. has seen significant declines in each type of [...]
APPLIED UNDERWRITERS RESPONSE TO MANAGING OPIOID PRESCRIBING
Applied Underwriters is a global risk services firm helping business and people manage uncertainty through its business services, insurance, and reinsurance solutions. We spoke with Applied’s workers’ compensation division about their approach to [...]
PSYCH CLAIMS CHALLENGE A SYSTEM BUILT FOR PHYSICAL INJURY
An increasingly stressful workplace, a greater awareness of post-traumatic stress disorder (PTSD), and more open public discourse on mental health are prompting new state laws acknowledging what claims managers have seen for years: [...]