Business Insurance

Login  |  Register Subscribe



Workers Comp Coverage Subscribe to RSS feed for 'Workers Compensation'

Look beyond patients' medical needs: 'Magic' Johnson

By: Sheena Harrison

Published October 29, 2014 - 4:34pm CST

Former Los Angeles Lakers point guard Earvin “Magic” Johnson said health care professionals can help patients just by showing an interest in their lives.

Employers diverge on handling workers compensation claims

By: Sheena Harrison

Published October 29, 2014 - 2:14pm CST

Self-administration of workers compensation claims can be a favorable option for health care organizations to track how their workers are being treated.

Arkansas appeals court says man failed to prove work accident caused injury

By: Stephanie Goldberg

Published October 29, 2014 - 1:14pm CST

A “morbidly obese” worker in Arkansas failed to prove that his umbilical hernia resulted from a work-related injury and not pre-existing conditions, the Arkansas Court of Appeals has ruled.

Idaho workers comp rates mostly stable for 2015

By: Stephanie Goldberg

Published October 29, 2014 - 11:25am CST

Idaho employers will see a “slight” reduction in workers compensation rates as of Jan. 1, 2015, the state Department of Insurance said Monday.

Pennsylvania boosts drug monitoring, limits physician repackaging

By: Stephanie Goldberg

Published October 28, 2014 - 12:12pm CST

Pennsylvania Gov. Tom Corbett on Monday signed bills into law that expand the state’s prescription drug monitoring program and limit physician dispensing and drug repackaging.

Ohio comp rates to decrease 9.1% in 2015 for local government workers

By: Stephanie Goldberg

Published October 27, 2014 - 12:31pm CST

Government entities in Ohio will see workers compensation rates decrease at an average of 9.1% as of 2015, the board of directors of the Ohio Bureau of Workers’ Compensation announced.

CDC tightens safety rules at U.S. hospitals treating patients with Ebola

By: Stephanie Goldberg

Published October 26, 2014 - 6:00am CST

The U.S. CDC tightened safety rules nationwide for all hospitals that treat patients with Ebola after two nurses contracted the disease when treating a Dallas hospital patient who died earlier this month from the virus.

California leads U.S. states in workers compensation costs

By: Sheena Harrison

Published October 26, 2014 - 6:00am CST

A biennial ranking showing that workers compensation rates have risen more in California, New York and New Jersey than other states could help drive workers comp reforms nationwide.

Pennsylvania curbs physician presecription drug dispensing and repackaging

By: Stephanie Goldberg

Published October 26, 2014 - 6:00am CST

Pennsylvania is the latest state taking action to limit physician dispensing and drug repackaging to control workers compensation costs and ensure better claimant outcomes.

Oregon workers comp assessment rate steady at 6.2% for 2015

By: Stephanie Goldberg

Published October 24, 2014 - 12:24pm CST

The Oregon Workers' Compensation Division said Wednesday that insurers will see no change to the current workers compensation assessment rate of 6.2% in 2015.

California workers comp reform moderates office visit costs despite rising fees

By: Sheena Harrison

Published October 23, 2014 - 11:58am CST

California medical office visit fees have increased significantly after the state passed a workers comp reform bill in 2012, but changes in how medical providers are reimbursed for some billings may help moderate increases in total payments, according to the Workers Compensation Research Institute.

Humana looks to sell urgent care subsidiary Concentra: Sources

Published October 22, 2014 - 1:56pm CST

(Reuters) — Health insurer Humana Inc. is exploring a sale of its urgent care subsidiary Concentra in a deal that could value it at around $1 billion, according to three people familiar with the matter.

No change in Colorado comp loss rates for 2015

By: Stephanie Goldberg

Published October 20, 2014 - 2:39pm CST

Colorado employers will see no change to workers compensation loss cost rates for next year, the state Department of Regulatory Agencies said Thursday.

Late-term medical costs lower for older workers comp claimants: NCCI

By: Sheena Harrison

Published October 20, 2014 - 12:05pm CST

Workers compensation claimants younger than 60 have higher medical claim costs for medical payments made 20 and 30 years after their initial injury compared with claimants who are age 60 or older..

Doctors prescribe more Schedule II painkillers for injuries in four states

By: Stephanie Goldberg

Published October 16, 2014 - 2:42pm CST

Physicians in Pennsylvania, Maryland, Massachusetts and New Jersey prescribed Schedule II narcotics to injured workers more frequently than physicians in other states.

OSHA fines Dollar Tree $262,500 for safety violations at Texas store

By: Sheena Harrison

Published October 16, 2014 - 11:57am CST

Chesapeake, Virginia-based Dollar Tree Inc. is facing $262,500 in fines from the U.S. Occupational Health and Safety Administration because of alleged safety violations at a Texas Dollar Tree store.

Insurance-linked securities could break annual record despite weak 3rd quarter

By: Matthew Lerner

Published October 16, 2014 - 10:35am CST

Despite a slow third quarter for insurance-linked securities, 2014 will still likely surpass 2007’s record year for these non-life securities, according to a report issued by Willis Group Holdings P.L.C.’s Willis Capital Markets & Advisory.

Workers' compensation rates drop again in Michigan

By: Chris Gautz, Crain's Detroit Business

Published October 15, 2014 - 10:22am CST

Businesses in Michigan are continuing to see savings in their workers compensation rates and have saved more than $277 million since 2011, a fact the state now touts to companies interested in coming to Michigan.

Adding urine testing reduces opioid use and costs for comp patients

By: Stephanie Goldberg

Published October 14, 2014 - 4:02pm CST

In coordination with clinical monitoring and oversight, urine drug testing reduces the use of and amount paid for high-risk medications, including opioids, among injured workers, according to new studies by Helios.

Private equity firm acquires York Risk Services for $1.325B

By: Sheena Harrison

Published October 13, 2014 - 12:18pm CST

Toronto-based private equity firm Onex Corp. has closed on a deal to acquire third-party administrator York Risk Services Group Inc. for $1.325 billion, York said in a statement.

Workers comp reform hasn't helped Illinois' construction industry

By: Meribah Knight, Crain's Chicago Business

Published October 13, 2014 - 10:11am CST

It's been three years since sweeping reforms to Illinois workers compensation laws reduced the costs for treating injured employees. But those in the construction industry say they have yet to see meaningful reductions in premium costs.

Trend of cutting benefits for part-time workers may add to workers comp costs

By: Sheena Harrison

Published October 12, 2014 - 6:00am CST

With employers reducing their costs by cutting health insurance for part-time workers, workers compensation and safety experts worry that uninsured part-time workers may drive a spike in the frequency of comp claims.

Business Insurance online event addresses workers compensation concerns

Published October 12, 2014 - 6:00am CST

Experts provided strategies to control workers compensation costs related to managing opioids and the aging workforce during Business Insurance's fifth annual Workers Comp & Safety Virtual Conference.

Workers compensation ruling highlights exposure to commuter risks

By: Stephanie Goldberg

Published October 12, 2014 - 6:00am CST

Workers in all states who are injured while commuting to or from their jobs typically are not entitled to workers compensation under the “going and coming” rule, but employers would be wise to defend themselves against exceptions.

Texas comp claim costs close gap between in-, out-of-network care

By: Sheena Harrison

Published October 10, 2014 - 12:48pm CST

Medical costs for injured workers treated by Texas workers compensation health care networks have declined 7% over the last five years while costs for workers treated by non-network providers have increased 21% in that time, according to the Texas Department of Insurance.

More »