Insights
OEM Efforts to Promote Environmental Stewardship
March 11, 2019
According to the Environmental Protection Agency (EPA), transportation contributes 27% of all greenhouse gas emissions in the United States. Much of this pollution comes as a result of carbon monoxide (CO) and nitrous oxide (NOx) emissions in addition to other hydrocarbons and particulate matter. With the potential for an increase in Corporate Average Fuel Economy (CAFE) requirements looming on the horizon, automakers have been focused on improving the fuel efficiency of their fleets with increasing commitments to electric vehicle production.
Current Used Vehicle Market Conditions: Q4 2018
March 11, 2019
Average wholesale prices in December fell on a year-over-year basis for the second month in a row and for the seventh time in 2018, supporting our expectation of general price softening due to supply growth. Supply growth is increasingly concentrated in the truck segments, which consequently saw greater price softening in December than did cars.
The Power of Technology: Six Ways to Improve Casualty Claim Outcomes
March 11, 2019
7 MIN READThough 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 a big opportunity to digitize their operations to improve casualty claim outcomes––incumbent insurance carriers could more than double their profits over a five-year period by digitizing their current business operations, according to a McKinsey report.
The Art of Creating a Physician Peer Review Panel: Contracting and Training
March 11, 2019
4 MIN READIn part I of the series, we discussed the first steps of developing a physician peer review panel including determining candidates for the panel and some basic steps to credentialing, including validating state licenses, experience, knowledge and other factors.
StateWatch: Bill Review February/March 2019
March 1, 2019
2 MIN READKeep current with new legislation and its potential effect on your organization. This regulatory update is for informational purposes only, and provides some key highlights on state initiatives that may impact the bill review services Genex provides.
Demystifying the MSA
February 28, 2019
The Medicare Set‑Aside (MSA) is often used by payers to fund future accident-related treatment in workers' comp settlements.
State-Mandated Formulary Implementation: Four Key Considerations
February 25, 2019
8 MIN READThe state-mandated formulary wave is poised to continue in 2019. In just the first month of the year, an additional three states published draft or final formulary rules (New York, Montana and Kentucky). These laws provide guidance on the prescribing of medications to injured workers and are effective in addressing major workers’ compensation issues.
Technology and Expertise Driving Better Claims Outcomes
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