After a traumatic event, injured workers may want to avoid the scene of the accident. But returning to work could help them heal.
Technology and workplace safety are coming together in exciting ways, leading to innovative changes in caring for injured employees and preventing workplace injuries. New technologies and trends in workers’ compensation are transforming how employers and employees handle claims, maintain safety at work, and support recovery.
Learn how Genex's vocational case management helped a young machine operator recover from a traumatic hand injury, return to work, and save his employer retraining costs.
Explore key workers' comp provider industry trends, including consolidation, network adequacy, and strategies.
Discover how coordinated care and the integration of durable medical equipment empowered a security guard with spinal injuries to gain independence and reduce reliance on home health care.
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.
In Q1 2024, electric vehicle (EV) repairable claims frequency rose to 2.26% in the United States and 3.41% in Canada, an increase of approximately 40% and 38% respectively over Q1 2023. Tesla price reductions late last year spurred precipitous price drops throughout the EV segment. As a result, price parity between EVs and vehicles with an internal combustion engine (ICE) may be coming faster than previously predicted.