The WC Roundup is proud to be hosting the 217th Cavalcade of Risk. This bi-weekly blog is a collection of risk-related posts covering topics from finance, to insurance, to health.
The Audacity of Dope
Blog: From Bob’s Cluttered Desk, http://www.workerscompensation.com/compnewsnetwork/from-bobs-cluttered-desk/
Author: Bob Wilson
A court in New Mexico has decided that an employer must now pay for medical marijuana for one of its injured employees. Does this represent an inevitable trend?
Commercial Auto Insurance: Time For Underwriting Profit?
Blog: The Dec Page, http://thedecpage.com
Author: Paul Dzielinski
Commercial auto underwriters have had a hard time making an underwriting profit in recent years. Is the market turning at last?
Will Obamacare Increase the share of Part Time Workers
Blog: Healthcare Economist, http://healthcare-economist.com/
Author: Jason Shafrin
Will Obamacare increase the risk that employers hire only part-time workers to avoid expensive health insurance costs? The Healthcare Economist investigates.
On Medicaid expansion poor states are subsidizing rich one
Blog: Health Business Blog, http://healthbusinessblog.com/
Author: David E. Williams
States opposing Obamacare sued for ideological reasons, so when the Supreme Court upheld the law but said Medicaid expansion couldn’t be forced on them, they decided to opt out. That’s led to an ironic situation where poor states are voluntarily subsidizing rich ones. It’s kind of like what happens with state lotteries, except in this case it’s all risk with no chance for reward.
RISK & INSURANCE
Blog: Insurance Morality, http://www.insurancemorality.com/
Author: Francis Winters
My blog is new and will be dedicated to teaching the public the basics of auto insurance and its importance. This blog post explained the very basics of how risk is used to evaluate an auto policy. I try to keep my terms easy enough for the average person to understand so the public learns how there rate may be formulated.
I.I.I. Report: Actuarially Sound Rates Key To Residual Property Market
Blog: Terms+Conditions blog, http://www.iii.org/insuranceindustryblog/
Author: Claire Wilkinson
Just in time for the peak of hurricane season, an updated I.I.I. paper on the residual property market is hot off the press. The I.I.I. warns that a major hurricane could expose residents in certain states, many of whom live nowhere near the coast, to billions of dollars in post-storm assessments.
Of Risk Stratification, Health System Variation and “Stupid” Decision-Making
Blog: The Population Health Blog, http://diseasemanagementcareblog.blogspot.com/
Author: Jaan Sidorov, MD, MHSA
In this post, Dr. Sidorov builds on a just-published editorial to ask if the emerging science of risk stratification will increase health care variation and enable health care consumers to make a “wrong” decision.
Calling a dog’s tail a leg does not make it a leg
Blog: Workers Comp Insider, http://www.workerscompinsider.com/
Author: Julie Ferguson
At Workers Comp Insider, Julie Ferguson looks at some recent court rulings that dealt a serious blow to the FedEx premise that its ground drivers are independent contractors, an important decision that could have wide-ranging repercussions.
Remember What Mama Taught You For Work Comp Claimant Success
Blog: Workers Comp Roundup, https://blog.reduceyourworkerscomp.com/blog/
Author: Michael Stack
Dealing with injured workers can create many challenges for claims professionals and defense attorneys. These difficulties arise from a number of factors and are a reality of the adversarial workers’ compensation system. It is important to remember this issue when dealing with claimants. This article contains some tips that can help your practice handle claims in an effective manner.
The next cavalcade of risk will be hosted by David Williams (http://www.
Author Rebecca Shafer, JD, President of Amaxx Risk Solutions, Inc. is a national expert in the field of workers compensation. She is a writer, speaker, and publisher. Her expertise is working with employers to reduce workers compensation costs, and her clients include airlines, healthcare, printing/publishing, pharmaceuticals, retail, hospitality, and manufacturing. She is the author of the #1 selling book on cost containment, Workers Compensation Management Program: Reduce Costs 20% to 50%. Contact:RShafer@ReduceYourWorkersComp.com.
Editor Michael B. Stack, CPA, Principal, Amaxx Risk Solutions, Inc. is an expert in employer communication systems and part of the Amaxx team helping companies reduce their worker’s compensation costs by 20% to 50%. He is a writer, speaker, and website publisher. www.reduceyourworkerscomp.com. Contact: mstack@reduceyourworkerscomp.com.
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