Posted on 10/23/2014 10:40 AM By Tom Ward
From Workers Compensation Research Institute (http://www.wcrinet.org/)
The cost drivers of medical care in state workers' compensation systems; the effects of legislative and regulatory changes on medical costs; and trends in payments, prices, and utilization of medical care for injured workers are examined in a new set of studies from the Workers Compensation Research Institute (WCRI).
The studies, CompScope™ Medical Benchmarks, 15th Edition, look at 16 different state workers' compensation systems, (Arkansas, California, Florida, Illinois, Indiana, Iowa, Louisiana, Massachusetts, Michigan, Minnesota, New Jersey, North Carolina, Pennsylvania, Texas, Virginia, and Wisconsin), and provide a baseline of current medical costs and trends for policymakers and other stakeholders by documenting how medical payments per claim and their cost components compare over time with other states.
"The following is a sample of the key findings found in the studies:
· Illinois: Medical payments ...
Posted on 10/15/2014 9:36 AM By Tom Ward
Starting January 1, 2015, in addition to notifying the Occupational Safety and Health Administration (OSHA) of all work-related fatalities, employers under federal OSHA jurisdiction will be required to notify OSHA when an employee suffers a work-related hospitalization, amputation, or loss of an eye.
Posted on 10/14/2014 9:38 AM By Tom Ward
Are you a president or treasure of a condo association? If you are, then you need to be made aware of the changes that the State of Illinois Legislation is making to the current Condo Property Act. These amendments will become effective June 1, 2015. These rule changes are meant to clarify and also better protect the association members from potential insurance claims. It is too early to know if all carriers will automatically add these required coverage’s to their policy offerings, so it is in your best interest to review your policy(s).
Posted on 10/9/2014 10:38 AM By Tom Ward
It's vital that we have the named insured accurately stated on all your policies. I don't want any delays or hassles from an insurance adjuster pointing out that you're not covered because the policy says your firm is a corporation when, in fact, it's an LLC.
Posted on 11/9/2011 9:50 AM By Tom Ward
One of the most common question I get when insuring cars is, ” What is my car worth? ” This is a very valid question because you do not want to pay for full coverage on your car if it has little to no value.
If you want a method to determine your car’s value, please visit www.nada.com or www.kbb.com
Posted on 12/17/2009 11:10 PM By Tom Ward
A non-profit group sponsored by the insurance industry to provide general information about insurance. This is an excellent resource for unbiased information. Order publications at the web site.
Posted on 12/17/2009 11:09 PM By Tom Ward
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