May 2017

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

Enterprise Risk Management (ERM): 

Special Damages – Future Medical Expenses   

As we discussed last month in the first part of our series, the definition for Special Damages is the monetary losses someone incurs from an accident such as medical bills (past, current and future), the cost to repair damaged property, and lost earnings. This month we’ll discuss the key information associated with measuring future medical expenses incurred for a claim. Read more >>

Claim Settlement, Medicare, and Medicare Set Asides:

CA Workers Compensation Patients Affected In Kickback Scheme

On April 20, 2017, prosecutors charged 26 doctors and other medical professionals in an alleged kickback scheme that may have defrauded up to 13,000 patients in California and netted the defendants roughly $40 million as they overcharged for medications that had no known medical value. Read more >>

Healthcare:

Innovative Test Predicts Chronic Conditions

In 2012, the Centers for Disease Control and Prevention (CDC) estimated that approximately half of all U.S. adults (117 Million people) experienced at least one chronic health condition. They reported that the most common chronic conditions included obesity, diabetes, heart disease, stroke, and cancer. New research proposes a test that can be used to accurately predict the risk of chronic conditions and diseases. Read more >>

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