Here are the best tidbits of recent news from the workers’ comp world:
Ringler Associates Incorporated Makes Organizational Announcement
Ringler Associates Incorporated, the nation’s largest structured settlement company, announces important organizational promotions for 2016 as well as additions and reelections to its Board of Directors. Brian Farrell: Effective immediately, shareholders at the Ringler Associates Annual Meeting on January 29, 2016 re-elected Brian M. Farrell, of Meriden, Connecticut to another term on the Board of Directors and the Board voted that Mr. Farrell shall become Vice Chairman of Ringler Associates, a newly created position in the company. Chairman W. Ross Duncan says the new position is part of the company’s continued strengthening of its succession planning and, “Brian has been in the structured settlement business since 2002, joining Ringler Associates in 2009 with expertise that has made him a natural leader for years to come.” Read more…
Tower MSA Partners’ Pre-MSA Triage Delivers Major Savings
Workers’ compensation payers using Tower MSA Partners’ Pre-MSA Triage have seen their Medicare Set-Aside allocations dramatically reduced. Tower’s Pre-MSA Triage identifies claims needing intervention before MSA. Payer saved over $1 mil on a single claim. Tower’s Pre-MSA Triage analyzes medical and pharmacy records, identifies unnecessary, inappropriate, cost-driving treatment and recommends interventions to improve patient and financial outcomes. The service ensures that MSAs include only accurate and appropriate medical and pharmaceutical allocations. “Triage projects the cost of a potential MSA and gives clients ways to reduce the costs before preparing the actual MSA,” said Tower CEO Rita Wilson. Read more…
Broadspire®”s Danielle Lisenbey to Receive Legends Award
Danielle Lisenbey, president and CEO of Broadspire, has been selected to receive the Donald T. DeCarlo Legends Award, which she will accept in April during the American Society of Workers Compensation Professional’s (AMCOMP) annual meeting in Las Vegas. AMCOMP presents the award each year to individuals who have shown commitment to the workers compensation arena by contributing time and effort and fostering efficiency of the system. It is a not-for-profit industry organization dedicated to professional excellence in the field of workers compensation. Read more…
Imagine A Better St. Louis: Express Scripts committed to corporate multiculturalism
Express Scripts is one of the most valuable companies in the country and also happens to call St. Louis home. It places a high value on having a diversified workforce, which is well-represented by women, minorities and young people. Senior Director of Diversity Susan Stith believes it only makes sense for the St. Louis-based company to hire the way they do because women usually make the healthcare decisions within a household. Stith told News 4 the workforce at Express Scripts is made up of 70 percent women, 37 percent of which are minorities. The average age of an employee at the company is 42. Read more…
Lean Living
Have you already stopped going to the fitness center, and given up on your diet? The wonderful thing about wellness is you can start your new plan whenever you choose, and you can go at your own pace. The Better Me Wellness team is always being asked what is the best workout program, and what diet do you recommend? The problem with answering this question is there is not one answer. Your neighbor’s bootcamp class may not be a good fit for you, and just because your co-worker is gluten-free, it doesn’t mean that you should jump on the bandwagon. Read more…
Author Michael Stack, Principal, COMPClub, Amaxx LLC. He is an expert in workers compensation cost containment systems and helps employers reduce their work comp costs by 20% to 50%. He works as a consultant to large and mid-market clients, is co-author of Your Ultimate Guide To Mastering Workers Comp Costs, a comprehensive step-by-step manual of cost containment strategies based on hands-on field experience, and is founder of COMPClub, an exclusive member training program on workers compensation cost containment best practices. Through these platforms he is in the trenches on a working together with clients to implement and define best practices, which allows him to continuously be at the forefront of innovation and thought leadership in workers’ compensation cost containment. Contact: mstack@reduceyourworkerscomp.com.
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