Workers' Compensation Medical Price Index: Q1 2018
2 MIN READ
The National Consumer Price Index, or CPI, for All Services, as reported by the Bureau of Labor Statistics, in May 2018, was 124.14, which reflects a 0.6 percent increase since Q3 2017 and further eliminates the decrease experienced in the Q1 2017 results.
Sensors in Claims: How To Reduce Workplace Injuries
3 MIN READ
We live in world where almost anything can become or have associated with it a sensor that informs a broader system designed to make the world around us more intelligent, convenient, and very often safer. Consider the Fitbit: according to the company, more than 25 million people worldwide actively used their devices in 2017.
Guidewire Connections 2018
Guidewire Connections is the conference for
Are You Paying for Mistakes? The Impact of Errors in Workers' Comp Medical Billing
4 MIN READ
A report from the Medical Billing Advocates of America estimates that as many as 80 percent of all medical bills include incorrect information.
Workers' Compensation Medical Price Index: Q4 2017
2 MIN READ
The National CPI for All Services, as reported by the Bureau of Labor Statistics, in February 2018, is 123.56, which reflects a 2.7 percent increase since Q2 2017 and eliminates the decrease seen in the previous quarter.
Survey Results: The Future of Technology in Workers’ Compensation
The workers’ compensation industry in general has been conservative about adopting new technologies. However, as we start 2018, it is clear that technology is going to play an even bigger role in our market than ever. In fact, with rising health care costs, changing regulations and the need to create operational efficiencies, the industry cannot afford to not adopt these new technologies.
Audit, Audit, Audit: Why You Should Further Scrutinize Workers’ Compensation Bills
3 MIN READ
It’s very easy for payors to end up overpaying on medical bills. Auditing – a crucial but often forgotten or under-executed part of the claims process – can help payors identify questionable billing practices and prevent overpayment on workers’ compensation claims.