Impact of COVID-19 on Workers’ Compensation and Auto Casualty Industries
As the COVID-19 pandemic continues worldwide, our daily lives have changed significantly. Due to new governmental regulations and guidelines to help curb the spread of the virus, many people are working from home, practicing social distancing, sheltering in place and unfortunately, many people have already lost their jobs. As we grapple with how the virus has impacted our daily lives, we are also taking a closer look at how the pandemic and related regulations are already, and will continue to, affect the workers’ compensation and auto casualty industries.
How to Better Review Costly Hospital, Emergency Room and Other Medical Bills for Third Party Claims
3 MIN READ
Motor vehicle accidents led to more than 2.5 million emergency department visits in 2017, according to the CDC’s most recent estimates. Emergency room and other hospital visits can be costly for insurance carriers, as facility charges are some of the highest fees that carriers face when paying for medical treatments related to auto accidents.
2020 CPT Code Changes: What You Need to Know
8 MIN READ
CPT Copyright 2020 American Medical Association. All rights reserved. CPT® is a registered trademark of the American Medical Association. It’s that time of year again! The American Medical Association (AMA) 2020 Current Procedural Terminology (CPT) code set is here. There are 394 code changes in the 2020 CPT® code set.
COVID-19: Effects on Auto Insurance Industry [Podcast]
On-Demand
3 MIN READSocial distancing guidelines across the country have led to fewer cars on the road and, as a result, a decline in auto accidents.
Webcast: Michigan No-Fault Reform-An Expert's Guide to the New Utilization Review Administrative Rules
On-Demand
4 MIN READAs a part of Michigan’s no-fault auto insurance reform, new utilization review administrative rules will go into effect for insurance carriers on July 2, 2020.
The Power of Technology Enabled Services: Balancing Technology with the Human Touch
2 MIN READ
While technology and automation have dominated the conversation in the insurance industry for the past few years, it is important that the property and casualty industry understands the importance of digitizing while maintaining the element of human touch in claims processing.
Michigan Auto No-Fault Reform: History and Overview
Michigan recently passed Senate Bill 1, along with a variety of other legislation, that together will overhaul the Michigan auto no-fault system. The new regulations will allow for new policy limit options in Michigan, as well as mandate a new auto no-fault fee schedule, ultimately having a major impact on the auto casualty insurance market in Michigan. In this article, I will walk you through the history of auto insurance in Michigan and provide an overview of the new Michigan no-fault reform regulations.