While we gather around the table on Thursday, many of us will give thanks for the blessings in our lives. Will workers’ comp be among them? In this edition of Inside Workers’ Comp, we asked industry experts Chikita Mann, Mark
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Mitchell
News Release
Texas Publishes Final Drug Formulary Rule Change
Texas published a formal rule change that re-defines compound medication.
Mitchell
News Release
West Virginia Governor Signs Opioid Reduction Act
In an effort to reduce the high number of opioid deaths in the state, West Virginia just passed an Opioid Reduction Act.
Mitchell
Article
January 2018 Used Vehicle Market Conditions
Wholesale used vehicle prices started the year in the pattern that characterized much of 2017 in the months prior to hurricane season. Namely, car prices tended to fall while truck prices provided a boost to average wholesale values. In January, car prices continued to show year-over-year price declines, while truck prices did the opposite, but that situation is moving towards parity, as indicated by strong month-over-month increases in car prices.
Auto Casualty
Article
Premiums Written: Q1 2018 Casualty Must-Reads
This quarter, Mitchell was featured in Property and Casualty 360, where Mitchell’s Claims Performance Consulting Directors Edward Olsen and Ryan Mandell delve into how developing an analytics- driven culture from the outside in provides the opportunity for increased operational claims value. Additionally, we addressed how technology will play a large role in the future of the workers' compensation industry in Risk & Insurance Magazine by surveying their readers.
Workers' Comp
Article
Are You Paying for Mistakes? The Impact of Errors in Workers' Comp Medical Billing
A report from the Medical Billing Advocates of America estimates that as many as 80 percent of all medical bills include incorrect information.
Auto Casualty
Article
Auto Casualty Medical Price Index: Q4 2017
The National CPI for All Services, as reported by the Bureau of Labor Statistics in February 2018 is 123.56, which reflects a 2.7 percent decrease since Q2 2017 and eliminates the decrease experience seen in the previous quarter.