Business Insurance: Creams cut pain, but price is the rub
Topical creams are becoming part of the mix of pain treatment options as doctors look for alternatives to addictive opioids.
Topical creams are becoming part of the mix of pain treatment options as doctors look for alternatives to addictive opioids.
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.
As Michigan continues its historic auto no-fault reform, one of the most critical aspects for insurance carriers to be aware of is the new fee schedule, which will go into effect in 2021. Below, we’ve outlined the high-level details to explain how the new Michigan auto fee schedule will work and what carriers need to know now based on our current understanding of the bill.
When thinking about the future, one often looks back, determines what might not have been accomplished and adds things that haven’t been attempted. In workers’ comp, it can often feel like we deal with the same challenges over and over and are disappointed that things aren’t moving fast enough. Some topics have been mainstays in the industry. Think of opioid use, misuse, and abuse; return-to-work programs; ergonomics and safety; new and improved approaches to case management.
As we wrap up the year, we’d like to thank everyone who supported The Sounding Board blog in 2019. The official launch took place in July and since then we have shared 47 posts.
Automating claims workflows have long been a central strategy for Property & Casualty (P&C) claims organizations and collision repair facilities seeking to efficiently and accurately process claims and manage repair complexity. In today’s dynamic environment, where each week seems to bring a new technology advancement, staying up-to-date on the latest automation technologies is key to understanding the future of the P&C industry.
Many state formularies have implementation deadlines approaching in early 2020. Here's what you need to know.