Medical costs for workers’ compensation increased nationally 11% and first-party claims grew 5% over the last four years, a new report shows. Enlyte’s “Quarterly Medical Price Index (MPI) Report,” based on trends from professional medical bill services from Q1 2020 …
Though the Property & Casualty (P&C) industry has made definitive inroads into technology adoption, there remain vast opportunities for the sector to reap the benefits of technology to achieve better, faster results. Insurers and claim organizations at large still have …
Part One: Creating an Accurate Scope Although the provision of home modifications for a claimant is usually a small part of a much more expansive claim, it can represent a significant financial burden if not completed appropriately. Managing the cost …
Controlling workers’ compensation costs is a top priority for employers. During the next 12 months, employers say cost containment is their number one workers’ compensation insurance concern, a new study shows. Some 59 percent of employers say they are very …