By IFAwebnews – July, 11, 2012 Lump-sum payments in workers’ comp cases don’t halt return to work Lump-sum settlements paid in workers’ compensation cases appear to encourage people to return to work, according to a new study. The Workers Compensation Research Institute’s (WCRI) study, based on the analysis of 2,138 workers in Michigan who were […]
Business Insurance – July 1, 2012 Rising medical costs, insurer profitability affect overall pricing Employers renewing their workers compensation policies likely will pay more for the coverage as claims costs rise and insurers' combined ratios deteriorate, experts say. Purchasers of primary and excess workers comp insurance are seeing price increases, mostly in the single-digit range, […]
There has been much debate as to whether The Patient Protection And Affordable Care Act will actually reduce or increase workers comp costs. Some are saying that employees without health insurance have been filing workers comp claims to get medical treatment but now that they will have their own health coverage, the number of fraudulent […]
House Hearing Praises OSHA's VPP, Stresses Need for Program Integrity Jun 29, 2012 – EHS Today In a June 28 House hearing surrounding OSHA's Voluntary Protection Program (VPP), witnesses largely praised the program's ability to help reduce injuries and illnesses, improve safety culture and cut costs for employers – but they also stressed the importance […]