Workplace interventions can be helpful in reducing injuries while on the clock. According to the Bureau of Labor Statistics, low back strains, carpal tunnel syndrome, and other soft-tissue musculoskeletal injuries are the most frequent causes of missed workdays in the …
Pharmacy costs in workers’ compensation have decreased by $1.1 billion during the past eight years, according to CompPharma’s 15th Annual Survey of Prescription Drug Management in Workers’ Compensation. “Pharmacy is no longer the fastest-growing segment of work comp medical expenses,” …
Meat and poultry processing workers often perform the same motions for hours at a time: pulling tenders off of chicken carcasses, tearing out their internal organs or trimming cuts of meat. These repetitive and forceful jobs, performed on long shifts …
Cost savings in two Florida funds paid into by workers’ compensation carriers are expected to equal a nearly $20 million reduction in expenses for insurers operating in the state next year, according to a statement from the Florida Department of …
A.M. Best has downgraded its financial strength and credit ratings for insurer members of the AmTrust Group, not long after AmTrust Financial Services Inc. (AFSI) shareholders approved a $2.95 billion deal that will make it a private entity. The insurer’s …
California Insurance Commissioner Dave Jones announced earlier this week he has issued an order that every insurer licensed to write workers’ compensation insurance in the state must report their federal income tax savings annually through a rate filing in light …
A few things would be banned under proposed emergency rules to regulate medical marijuana in Oklahoma, including dispensaries near schools, indoor smoking in public places and psychoactive gummy bears. Oklahomans voted to legalize medical marijuana Tuesday via State Question 788, …
Injured workers who hire attorneys to handle their workers’ comp claims tend to stay on temporary disability longer, according to a newly released white paper by CLARA Analytics, an artificial intelligence and data science company that specializes in machine learning …
The culture of clinicians treating pain as a fifth vital sign, targeting pain-free living through a prescription regimen, is acknowledged as a driving factor behind the rise of opioid addiction. The American Society of Addiction Medicine found 4 in 5 …
Advocacy-based care has become important to many workers’ compensation stakeholders. Employers and payers that embrace the concept find not only is it in the best interest of their injured workers, but it also saves money through reduced litigation rates, expedited …