While some workers’ comp carriers recognize that addressing an injured worker’s stress can speed up recovery, not all provide a holistic approach. Integrating an Employee Assistance Program (EAP) into a workers’ comp program supports total worker health before and after an injury.
After several bank failures, underwriters and regulators are scrutinizing the financial sector. The repercussions remain unclear, but experienced underwriters and claims professionals are sticking with the sector.
Pharmacy benefit managers should act as business partners, leveraging their expertise, analytics and networks for maximum client value. Here’s how to find a PBM that lives up to those promises.
OSHA’s regulations for the treatment of lead toxicity no longer align with current clinical guidelines. To keep workers safe and reduce workers’ comp costs, employers need up-to-date occupational health expertise.
Even in a shifting D&O market, looking for these four traits during renewal will help ensure a carrier’s reliability, experience and expertise in management liability risk.
The cyber insurance market may reach close to $100 billion by 2030. An increasing reliance on technology and a growing industry of cybercriminals are the driving factors.
Superior medical care for injured workers doesn’t need to be a burden for business; it starts with having the right network in place that will equip the best doctors for the job.
Artificial intelligence can help physicians reduce their administrative workload and manage the strain caused by talent shortages, but these new technologies are not without risk.
Early intervention by a licensed physical or occupational therapist or athletic trainer can implement strategies to help reverse the progression of workers’ musculoskeletal injuries — improving patient outcomes, reducing workers’ compensation claims while helping to build a safer culture.
CorVel has witnessed topical costs rise following the recent drop in opioid prescriptions, and now offers alternatives to manage their expense without impacting care.
Workers’ compensation claims management can be improved with prompt intervention, active communication, smart return-to-work initiatives and data-driven decision-making.
Rising healthcare costs — now often employers’ second-largest expense — can be mitigated by transitioning to self-funded plans with stop-loss insurance support, providing cost efficiency without compromising care.