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Auto Casualty Updates & Trends: mPower Conference 2020 Takeaways
The auto insurance industry—and the world at large—has faced no shortage of changes and challenges in 2020. From treatment trends to legislative updates, we’ve had to manage not only a changing business climate, but also industry-altering events that are reshaping auto insurance. During the 2020 mPower industry conference held in October, Mitchell experts shared several updates and highlighted trends that will impact the auto casualty industry in the coming year.
Workers’ Comp Transformation and the Pandemic: 2020 Trends and Insights from the mPower Conference
COVID-19 has caused many changes throughout 2020, including in the workers’ compensation industry, with many employees leaving the office and working from home, regulations that have affected health care delivery and an uncertain economy. These changes have come quickly and are still evolving, even as 2021 approaches. During the 2020 mPower industry conference held in October, Mitchell experts shared several important insights and emerging trends in the workers’ compensation industry that continue to change because of the pandemic.
FDA Authorizes Use of First at Home COVID-19 Test Kit
The test takes about 30 minutes and an indicator light will note a positive or negative result.
Colorado Adopts New Prior Authorization and Payment Timeframes
Revisions to Rule 16: Utilization Standards from the Workers' Compensation Rules of Procedure will go into effect January 1, 2021.
Ancillary provider's role in catastrophic claims
In workers’ compensation, catastrophic claims often require a lot of ancillary services which are extremely vital to an injured employee’s recovery
CMS Recovery Thresholds for Liability, No-Fault, and Workers’ Compensation Insurance Settlements to Remain the Same in 2021
Keep current with new legislation and its potential effect on your organization. This regulatory update is for informational purposes only, and provides some key highlights on state initiatives that may impact the Medicare Set-Aside services Genex provides.