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Joe Paduda |
Each year managed care and workers' compensation expert Joe Paduda makes a list of predictions. Here are his nine projections from six months ago, his commentary on where we are today, and how he thinks he did.
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According to NCCI's general manager of residual markets, the latest available results show declining residual markets and manageable operating losses. Both are key indicators of sound workers' compensation systems.
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State legislatures, regulatory agencies and rate makers have been busy enacting, tweaking, and doing away with various workers' compensation related laws, rules and rates. A look at what is happening in several states.
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In state workers' compensation systems, impairment ratings drive more than $20 billion of costs. However, doctors have a tendency to misuse (or even ignore) professional standards regarding these ratings. Why? And how can we change this?
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