Workers’ comp professionals are seeing delayed recovery as an increased challenge in claims – as injured employees may not be progressing along a medically reasonable and expected time frame. However, it can be difficult to pinpoint exactly why the delay is occurring in order to address the issue. We may believe the injured employee is simply not complying with treatment and malingering.
Recent third party claim costs have risen significantly— from the start of 2018 through the end of 2020, average charge per claimant in Mitchell’s aggregated industry data has increased 53% for third party claims.
Does your pharmacy program have strategies in place to manage physician dispensed medications, such as dermatologicals and other high-cost products?
In the span of just about a year and a half, the auto casualty and workers’ comp insurance industry has seen more transformation than perhaps in the past decade. From increased technology implementation to changes in the makeup and frequency of claims, the industry appears much different than it did at the start of 2020.
Data analysis by Aarthi Thiruvengadam. As the COVID-19 pandemic goes on, the workers’ compensation industry is still continuing to manage changing claim patterns and trends.
Post-COVID conditions is the CDC term used to describe health issues that persist more than four weeks after a person is first infected with the virus that causes COVID-19. The exact cause of and risk factors for developing post-COVID conditions are not yet fully understood.
When it comes to networks, our recipe for success starts with provider engagement, access, quality, and compliance. For more than 40 years, Coventry has been cooking up strong provider relationships.