June 2013
Insights from Our Integrated ERM and Claims Settlement Solutions Practices
ISO 31000 Professionals Gather to Discuss ERM Ideas
On May 28 and 29, 2013, the Second Annual Conference of ISO 31000 professionals was held in Toronto to discuss risk management ideas for creating organizational value. ISO 31000 is a generic set of principles and guidelines that provide a framework and process for risk management for any organization of any size to improve enterprise risk management operations.
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NIOSH Establishes Center for Workers' Compensation Studies
The Center for Workers' Compensation Studies (CWCS) was created recently by the Centers for Disease Control and (CDC) to organize workers' compensation data. The Center will serve a vital role in coordinating and focusing existing CDC data for Workers' Compensation, adding to the research from private insurers and the National Council on Compensation Insurance (NCCI).
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MSP and Workers' Compensation Settlement Agreements
On May 15, 2013, H.R. 1982 was introduced in Congress to amend section 1862 of the Social Security Act with respect to the application of Medicare Secondary Payer rules to workers' compensation settlement agreements and Medicare set-asides.
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Medicare Urges Beneficiaries to Fight Fraud
On June 6, 2013, Medicare announced it will soon be providing redesigned statements of beneficiary claims for services and benefits that will help them better spot potential fraud, waste, and abuse in healthcare.
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Medicare Trustees Report Shows Reduced Growth
On May 31, 2013, the Medicare Trustees released a report projecting that the trust fund that finances Medicare's hospital insurance coverage will remain solvent until 2026, two years beyond what was projected in last year's report.