Report: Return on Net Worth for California Workers’ Comp Insurers Rose

Article 0 Comments A new report shows the average return on net worth for California workers ‘ compensation insurers rose to 9.9 percent in 2017, the fourth consecutive increase. The report comes from the National Association of Commissioners and was summarized in an analysis issued on Friday by the California […]

New Report Shows California’s Share of Payroll, Workers’ Comp

Article 0 Comments Californians accounted for 11.9 percent of all jobs covered by workers’ compensation in the U.S. in 2016, 13.9 percent of covered payroll and 19.6 percent of all cash and medical benefits paid for work injuries and illnesses, according to the National Academy of Social Insurance. The California […]

Report: California Self-Insured Workers’ Comp Claim Frequency Rose Last Year

Article 0 Comments Workers’ compensation claim frequency reported by California’s private self-insured employers rose last year, the first increase in a decade, according to the California Workers’ Compensation Institute. The CWCI issued a report on Monday that shows the incidence of both indemnity and medical-only claims rose slightly from the […]

Study Looks at Polypharmacy Claims in California Workers’ Comp

Article 0 Comments A study from the California Workers’ Compensation Institute shows the likelihood that indemnity was paid on a workers’ comp claim increased with the number of concurrent prescriptions the injured worker was on. Concurrent use of multiple medications to treat one or multiple medical conditions has become prevalent, […]

Study Examines California Worker’s Comp Prescription Drug Outcomes Under New Formulary

Article 0 Comments A new analysis offers a preliminary look at Utilization Review and Independent Medical Review outcomes involving pharmaceutical requests for California injured workers since the state implemented a workers’ compensation formulary in January. The analysis from the California Workers’ Compensation Institute issued on Friday shows that the proportion […]

Report: California Self-Insured Workers’ Comp Claims Rose Only Slightly Last Year

Article 0 Comments California public self-insured workers’ compensation claims from fiscal year 2016-2017 rose less than 0.4 percent compared to the corresponding data from the prior year despite a 2.9 percent Increase in covered employees, according to a report out from the California Workers’ Compensation Institute. The average paid loss […]

Report: California Workers’ Comp Direct Written Premiums Fell

Article 0 Comments California workers’ compensation covered payroll rose last year, but the average premium rate charged to employers fell 10 percent, so total direct written premium in the system declined by $192 million to $12.77 billion in 2071, 1.5 percent less than in 2016, according to the latest data […]

Study: Drop in California Workers’ Comp Hospital Stays and Spinal Surgeries

Article 0 Comments The number of California workers’ compensation inpatient hospital stays fell 31.2 percent between 2008 and 2016 compared with a 19.6 percent drop in hospital stays paid under private plans, a new California Workers’ Compensation Institute study shows. The study also shows a 2.4 percent increase in Medicare […]

California Workers’ Compensation Institute Elects 2018 Board

Article 0 Comments Rose Barrett of the Berkshire Hathaway Group was elected chair of the California Workers’ Compensation Institute board of directors for 2018. Barrett was first elected to the CWCI board as a representative of AIG in 2014 and has been a member of the institute’s executive committee since […]

Good News on Opioid Usage for a Change – it’s Down in California Workers’ Comp

Article 0 Comments Efforts to curb the use of opioids in California’s workers’ compensation system appear to be paying off. New research from the California Workers’ Compensation Institute on prescription drugs used to treat injured workers shows that opioids now account for less than a quarter of all workers’ comp […]