The Workers Comp Roundtable was started on Linked In as a place where colleges can collaborate and share ideas on workers comp cost containment best practices. Today the group has grown to over 14,000 members. The Roundtable Roundup features the most active discussions, highlights and summary of all the action on the Roundtable last week. We appreciate members thoughts, comments, and participation in the WC Roundtable. If you are a member, join in the discussion, if you are not a member, join here!
Want a Great Risk Management Program – Develop A Great Claims Management Program
I have written that risk management programs must be top down- only when you have a true and palpable commitment from the highest levels of the organization will everyone understands that risk intelligence is central to the organization’s Core Mission. I have blogged that risk management must be a grass-roots function – having a shared appreciation of risk management is central to maintaining a risk intelligent culture. These allusions to the center or core of the program are merely road signs. The true epicenter of any great program is the claims management program.
Monday Muses -the downward spiral continues
We never know what the phone call coming into the Centre will require, we just know that for the majority of calls it will be calls for help: such was the case last week: the first call was hard to take, the lady calling was sobbing, the kind of deep sobs that come from the bottom of a very broken heart and from pride that has been shattered.
CMS Alert: New Conditional Payment Appeals Process
Final rules are in place regarding the new conditional payment appeals process. This new process will impact all workers’ compensation and personal injury claims on or after April 28, 2015. It is important to all impacted stakeholders to take new of this new rule and adjust their best practices accordingly.
Prescription Drug Costs Rose Faster Than Ever for Many Americans: Report
The prices for new hepatitis C and cancer treatments are driving the cost of prescription drugs to new highs for more Americans, according to a new report.
Specifically, the estimated number of people in the U.S. who took medicines worth more than $50,000 annually rose 63% last year, to 576,000, up from 352,000 the year before.
The Roundtable Roundup is brought to you by your group managers:
Michael Stack & Rebecca Shafer; Founders of COMPClub; Authors of Amaxx Workers Comp Resource Center and Your Ultimate Guide to Mastering Workers Comp Costs
Bob Wilson; Author of Bob’s Cluttered Desk and CEO of Workerscompensation.com – The Workers Comp Compliance Center
