Insights
Managing Third Party Auto Claim Trends During COVID-19
Fewer cars on the road, increasing accident severity, an uncertain economy—these are just a few of the unprecedented challenges the auto insurance industry has faced in 2020. Now, third party liability insurers are seeking the best method to adapt to this ever-changing situation. Let’s take a closer look at some of the trends the third party market has experienced in 2020 and the potential changes you can make in your claims workflow today to better manage in the current environment.
Ancillary provider's role in catastrophic claims
In workers’ compensation, catastrophic claims often require a lot of ancillary services which are extremely vital to an injured employee’s recovery.
CMS Recovery Thresholds for Liability, No-Fault, and Workers’ Compensation Insurance Settlements to Remain the Same in 2021
1 MIN READ
Keep 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 Medicare Set-Aside services Genex provides.
Strong networks in conjunction with a solid care model provide pathways to address injured worker mental-health challenges
4 MIN READ
Mental-health challenges present numerous hurdles for injured workers even in “normal” times. Now, because of the extraordinary fallout from the pandemic, it’s imperative to ensure that injured workers obtain access to high-quality mental-health assistance when it’s needed.
CMS Recovery Thresholds for Liability, No-Fault, and Workers’ Compensation Insurance Settlements to Remain the Same in 2021
1 MIN READ
Keep current with new legislation and its potential effect on your organization.
Overview of the 2020 Texas Department of Insurance Workers’ Compensation Network Report Card
4 MIN READ
The Texas Department of Insurance recently released its annual Workers’ Compensation Network Report Card. The 2020 Report Card includes medical cost and utilization measures for 10 workers’ compensation Networks (Health Care Networks and 504 - Political Subdivisions).
High Impact Pharmacy: Key Trends for Your Pharmacy Program
On-Demand
1 MIN READHow are drugs priced? What drugs are the leading cause of price increases? What matters more - the drug or the utilization?