Three Workers' Comp Trends & How to Manage Them
In 2019, we have seen a variety of workers’ compensation trends come into even sharper focus, from electronic billing to medical marijuana to the aging workforce. Identifying and effectively managing trends and changes in the workers’ compensation industry can help claims organizations to make continuous operational improvements that can ultimately have a positive effect on their bottom lines and more importantly on positive outcomes for injured employees. Below, we have explored three significant trends affecting the industry today and outlined key tips for effectively managing them.
How PTSD is Affecting Return to Work
Ineffective Liability and Injury Assessment: Causes and Effects
The cost of automobile accidents has risen significantly over the past few years. From 2015 to 2017, bodily injury loss costs increased by 12.4 percent, property damage by 11.4 percent and personal injury protection by 6.4 percent, according to the Insurance Information Institute. In comparison, consumer prices rose 3.4 percent overall over that same time range.
Why Your Bodily Injury Adjusters Are Overloaded with Work, Hint: You Might Be Asking Them to Focus on the Wrong Things
Workload is the number one cause of stress in the workplace, when compared with other factors including people issues, work-life balance and lack of job security, according to Statista. Overworked employees can lead to stress and burnout, which ultimately has a negative effect on an organization’s bottom line, since it can lead to a decrease in productivity, more potential for mistakes and higher turnover rates.
Legal Nurse Review Explained
2 MIN READ
Legal Nursing is defined as a registered nurse with specialized knowledge and experience in nursing as well as education and experience in medical-legal issues. These professionals assist in providing direction on a file through their knowledge, education and experience. The Legal Nurse will interpret the information in the records, provide insight and education to the referral source and develop a report designed to mitigate the claim.
Five Inevitable Technologies That Will Transform the Claims Process
9 MIN READ
The other day while FaceTiming with my daughter who is away at college, I was reminiscing about my own time away at college. While I was at school, I wrote hand-written letters back home every week to keep in touch with my family. I called home every other week, but rationed my time on the phone since I was paying long distance phone charges.
Guidewire Connections 2019
Guidewire Connections is the conference for people who u
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