The Great Workplace Shakeup: Adapting Workers' Comp for the Remote Revolution
4 MIN READ
The growing trend of remote and hybrid work models has introduced new regulatory challenges to be addressed for the workers' compensation industry. While the COVID-19 pandemic created a seismic shift in the U.S. labor market, with a record 47 million Americans voluntarily quitting their jobs in 2021, according to analysis from the Harvard Business Review, this mass exodus was not simply an anomaly driven by the pandemic. Rather, it resulted from the convergence of five key factors that are reshaping today’s workforce—retirement, relocation, reconsideration, reshuffling and reluctance.
Consolidated Appropriations Act, 2024: The Impact on Workers' Compensation and Auto Casualty Sectors
3 MIN READ
On March 9, 2024, President Biden signed the Consolidated Appropriations Act of 2024 into law. The spending package reduced the Medicare Physician Fee Schedule (MPFS). As a result, any state that uses Medicare as its fee schedule could see significant impacts from recent Medicare adjustments.
The Artificial Intelligence Revolution
1 MIN READ
In the insurance industry, innovation isn't just a buzzword; it's a lifeline to the future. This is why AI is not just important – it's essential.
Enlyte Quarterly Medical Price Index
3 MIN READ
As reported by the Bureau of Labor and Statistics (BLS) in February 2024, the consumer price index in the United States increased 3.1% over the preceding 12 months. The medical care index rose 0.5% in January 2024. The index for hospital services increased 1.6% over the month and the index for physician’s services increased 0.6% which would be compared to Enlyte’s data in this report.
Combatting New Jersey Auto Casualty Challenges
When an auto injury occurs, insurers often face challenges in coordinating with multiple vendors to address the claim. This is especially true in New Jersey, which has strict requirements that every insurer needs to meet. To discuss this issue, and offer solutions for handling it, is Ben Roberts, vice president, utilization review of Genex.
Six Legislative and Regulatory Changes and Trends Impacting the Insurance Industry
4 MIN READ
Explore the critical legislative and regulatory changes impacting the insurance industry in 2024. Stay informed on AAPAN's role, CMS updates, and trends in auto and workers' compensation.
Enlyte Lobbying Outlooks for 2024
4 MIN READ
At Enlyte, our team of experts are continually monitoring emerging trends, keeping abreast with legislation and case law, and lobbying to help shape these complexities today and into tomorrow for the benefit of our customers and the industry.
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