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- pay given in recompense for work performed
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- The utilization side of the story: utilization management is an increasingly important component of controlling pharmaceutical costs. No wonder workers' compensation PBMs are multiplying like rabbits
- [ILLUSTRATION OMITTED] Let's say you and your pharmacy benefit manager are sophisticated and vigilant in your efforts to control spending on pharmaceuticals. Despite the wholesale pricing complications, you feel confident that your injured employees are getting what they need to heal the injury and return to work quickly at...
- Research articles 2007-11-01
- Oklahoma Insurance Commissioner levies $400,000 fine against 11 AIG
- Oklahoma Insurance Commissioner Kim Holland announced Tuesday that a $400,000 civil penalty has been levied against 11 American International Group workers' compensation insurance companies, the largest such fine in state history. Agency communications director Marc Young said the AIG companies have already agreed to and paid the fine...
- Research articles 2007-03-21
- The Challenge of Preventing Serious Injuries
- A proposal for SH&E professionalsAbstract:This article discusses the noteworthy and adverse progression over the past several years with respect to serious injuries and workers' compensation claims costs. The types of activities out of which many serious injuries occur are discussed, as are the results of studies on the characteristics of...
- Research articles 2006-04-01
- Products.(insurance software applications)
- ACORD STANDARDS ROI TOOLS To help members better analyze and report their returns on standards investments, ACORD released a set of Return on Investment ROI analysis tools. Through the tools, members can examine and report, in numbers and graphs, the overall benefits and savings...
- Research articles 2005-07-01
- National Council on Compensation Insurance claims Okla. House bill
- Speaker of the House Todd Hiett's version of workers compensation reform would save three times as much as the Senate version, according to The National Council on Compensation Insurance, based in Florida. NCCI conducted an analysis of both House Bill 2046, by Hiett, R- Kellyville, and Senate Bill...
- Research articles 2005-03-21
- Workers' compensation claims continue frequency decline.(National Report)
- A key market issue facing employers and workers' compensation insurers is whether the large declines in claim frequency that began in the 1990s are likely to continue, according to the National Council on Compensation Insurance. In late 2003, research by the council showed a...
- Research articles 2005-01-01
- Florida contractors to benefit from workers' compensation premium cuts.
- By Morris Fraser, Northwest Florida Daily News, Fort Walton Beach Knight Ridder/Tribune Business News Nov. 5--An additional 5.1 percent decrease in the rate for workers' compensation premiums will help contractors lower direct costs and cover more workers, according to the vice president...
- Research articles 2004-11-05
- Indiana Plans to Drop National Worker's Comp Administrator.
- By Bill Theobald, The Indianapolis Star Knight Ridder/Tribune Business News Mar. 27--State officials are planning to end Indiana's relationship with a troubled national firm that helps provide worker's compensation coverage for companies that otherwise couldn't buy insurance. The...
- Research articles 2004-03-27
- Workers' compensation claim frequency declines.
- Over the past several years, the National Council on Compensation Insurance has reported that on-the-job claim frequency for workers' compensation injuries has continued to decline--a bright spot for workers, employers, and their insurers. Interestingly, the latest NCCI research shows that this decline has been most pronounced...
- Research articles 2004-01-01
- Time to face new realities
- New, compensable conditions enter the workers' compensation system from time to time, yet one millennia old condition is still not adequately accepted: post-traumatic stress disorder, or PTSD. Until it is, our workers' comp system serves as a doubtful shield against the ravages of PTSD. How individuals respond to...
- Research articles 2003-10-15
- Doctors' prescription proliferation hikes workers' compensation cost.(Drug Trends)
- A surge in prescription activity by doctors is having a greater impact on the cost of treating injured workers than the price of drugs, according to new research from the National Council On Compensation Insurance. The findings were made in the report "Prescription Drugs:...
- Research articles 2003-09-22
- The soaring costs of workers' Comp: despite rigorous efforts to control costs and prevent accidents, employers still are experiencing staggering premium increases. Solutions are in short supply
- Dade Behring Inc., a $1.2 billion medical diagnostics manufacturer in Deerfield, Illinois, did everything right to keep its workers' compensation premium down. Still, its insurance bill soared a punishing 100 percent. Despite its efforts--shopping around for the best and cheapest insurance, demonstrating to insurers its commitment to curbing costs--the...
- Research articles 2003-02-01
- EQECAT Releases Probabilistic Terrorism Insurance Model
- Business Editors & High-Tech Writers OAKLAND, Calif.--BUSINESS WIRE--Sept. 11, 2002 EQECAT Inc., an ABS Consulting company, today announced the release of a full probabilistic model for terrorism risk assessment for use by insurers and reinsurers. "We believe the EQECAT terrorism model to be the only model currently available...
- Research articles 2002-09-11
- EQECAT to Develop Catastrophe Modeling Scenarios for the National Council On Compensation Insurance
- Business Editors OAKLAND, Calif.--BUSINESS WIRE--June 19, 2002 EQECAT Inc., an ABS Consulting company, has been selected by the National Council On Compensation Insurance NCCI to provide the modeling of workers' compensation catastrophe losses. The selection of EQECAT was announced at the NCCI Annual Issues Symposium, held in Orlando,...
- Research articles 2002-06-19
- NCCI.com; Award of Excellence in the Insurance Services category.(National Council on Compensation Insurance)(Brief Article)
- www.NCCI.com Owner/sponsor: National Council on Compensation Insurance, a Boca Raton, Fla.-based workers compensation data-collection and services organization. Launched in: July 1999. Target market: Intended audiences include underwriters, intermediaries, insurance buyers, workers compensation regulators as well as users...
- Research articles 2001-10-08
- Era of low rates may be ending
- Nighswonger, Todd Occupational Hazards 11-01-2000 Era of low rates may be ending Byline: Nighswonger, Todd Volume: 62 Number: 11 ISSN: 00297909 Publication Date: 11-01-2000 Page: 21 Type: Periodical Language: English Several signs point to increasingly higher workers' compensation costs for many of the nation's employers after years of...
- Research articles 2000-11-01
- Insureon.com Providing Internet Access for National Council on Compensation Insurance
- Business Editors & Insurance Writers PASADENA, Calif.--BUSINESS WIRE--Aug. 1, 2000 Brokers/Agents and Insurers to Benefit From E-Commerce for National Workers' Compensation Residual Market Program Insureon.comTM, the leading online exchange for business insurance, today initiates its new e-commerce service for the National Council on Compensation Insurance NCCI,...
- Research articles 2000-08-01
- Anti-Fraud Laws Slow Claim Frequency.(Brief Article)
- The special emphasis states have placed on fraud prevention, characterized by the enactment of anti-fraud statutes in workers' compensation, has helped to slow the growth trend in claim frequency and costs, according to the National Council on Compensation Insurance, based in Boca Raton, Fla. ...
- Research articles 1999-12-01
- NCCI, HNC Software Form Exclusive Relationship to Benefit Worldwide Workers' Compensation Market
- IRVINE, Calif.--BUSINESS WIRE--Oct. 20, 1999-- P&C Insurers Stand to Save Millions Through Improved Risk Management and Decreased Loss Costs Providing benchmarking tools to more accurately improve risk management and decrease loss costs is just one of many services now available to workers' compensation insurers through an exclusive...
- Research articles 1999-10-20
- National Council On Compensation Insurance Inks Agreement With Insurance Services Office to Resolve Outstanding Legal Battle
- BOCA RATON, Fla.--BUSINESS WIRE--May 7, 1999-- The National Council on Compensation Insurance NCCI and Insurance Services Office, Inc. ISO jointly announced today that they had signed a nationwide agreement that provides for NCCI to license its intellectual property to ISO. The agreement ends a legal dispute between NCCI...
- Research articles 1999-05-07
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