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March 2022

NCCI Return To Work Analysis – Carriers Perspective on Cost Reductions

New NCCI Return To Work Analysis – Asking The Insurers Their Thoughts NCCI (National Council on Compensation Insurance) recently published a whitepaper as part of their Insights publications.  The NCCI Return to Work Insight covered six pages.  You can read or download a copy here. NCCI Return to Work Analysis

Workers Comp Chiropractic Care – A Cost Savings Technique?

WCRI Preliminary Study Shows Workers Comp Chiropractic Care Savings One of the subjects covered at the WCRI 2022 Conference was a savings element with workers comp chiropractic care for injured workers.   Unfortunately, I glossed over a big statistic that was presented by Dongchun Wang, WCRI Economist on the first day

WCRI 2022 Conference Morning Day 2 – No Masks – Great Speakers

WCRI 2022 Conference Morning Day 2 – No Masks – Great Speakers Thu. Mar 17, 2022 9:00 AM – 10:00 AM Keynote Speaker Sandro Galea, MD, MPH, DrPH Dean and Robert A. Knox Professor Boston University School of Public Health BIO Sandro Galea is Dean and Robert A. Knox Professor

WCRI 2022 Conference Afternoon Day 1 – No Masks – Great Speakers

WCRI 2022 Conference Afternoon Day 1 To see the Day 1-morning sessions – click here The Future of the Workplace after COVID-19 Wed. Mar 16, 2022 1:30 PM – 2:30 PM Moderator Sebastian Negrusa, PhD Vice-President of Research WCRI Panelist Denise Algire Director of Risk Initiatives & National Medical Director

WCRI 2022 Conference Morning Day 1 – No Masks – Great Speakers

WCRI Conference Morning Day 1 – Dr. Bob Hartwig – Inflation Impact of Disruptions Caused by COVID-19 on Workers’ Compensation The 1980s were much worse – Inflation 2022 13.5% 2022 -7.5% Inflation Misery Index – Two years on, the disruptive impacts of the COVID-19 pandemic continue to reverberate throughout the

WCRI 2022 Conference Session – Workers Comp Since Nixon Report

WCRI 2022 Conference Session – How Has Workers Comp Performed Since 1972 Nixon Report? One of the more interesting WCRI 2022 Conference sessions should be how have the Workers Comp industry performed since the 1972 report.  The article that I wrote on the 1972 Nixon Administration report last month went

Nixon Administration Workers Comp Federalization – 1972 Landscape

Nixon Administration Workers Comp Federalization – The Landscape Changes in 1972 The Nixon Administration Workers Comp Study of 1972 recommended that the states should continue to administer Workers Compensation individually.  Check out this article I wrote last month on the 50-year-old study.   The Elvis and President Nixon picture is worth

Having Zero Claims For Current Policy Year Saves Instantly? – Not Exactly

Having Zero Claims For Current Policy Year = Instant Savings? Probably Not I came across this situation recently while reviewing a loss run with an agent.  The question by the agent was if his insured client was having zero claims for their current policy, will that reduce premiums instantly? My

Is Workers Comp Insurance Regressive or Progressive Like Taxes?

Workers Comp Insurance Regressive or Progressive When Compared To Taxes? We received an emailed question this week from a Junior at a local college.  Is Workers Comp insurance regressive or progressive similar to our income tax system?  The student was writing a research paper assessing whether or not workers compensation

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