June 2019

Our e-newsletter for Enterprise Risk Management, Claim Settlement and Healthcare Solutions.

Workforce Demographics Changing Workers Compensation Trends. The workforce is changing, and risk and claims managers are addressing these changes for Workers Compensation safety and injuries. A new National Council on Compensation Insurance (NCCI) report analyzes the workforce for several factors including age, gender, industry sector and frequency of accidents. Read more >>

More Risk, Claim and Healthcare News …
Short-staffed nursing homes see drop in Medicare ratings. The Centers for Medicare & Medicaid Services updated its ratings of nursing homes that operate without a registered nurse by downgrading the rankings of 10% of nursing homes on Medicare’s consumer website, new records show. View article…
Commercial rates forecast to rise. Commercial insurance buyers can expect to pay more across most lines of business for the rest of 2019 as insurers take a more disciplined approach to pricing and underwriting, according to a recent report issued by Willis Towers Watson PLC. View article...
Medicare hospital fund reserves likely to be exhausted in 2026. Medicare's hospital insurance fund will be depleted in 2026, as previously forecast, and Social Security program costs are likely to exceed total income in 2020 for the first time since 1982, according to a recently released government report. View article...

Americans can’t stop using phones while driving. Distracted driving is more predictive of an eventual loss claim than virtually any other behavior, including speeding and braking. Those who tend to use cellphones at the wheel have 20 percent more insurance claims than others in the risk-pool. View article...

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