Insights

The latest from Joe’s blog

Feb
27

Work comp medical trend is flat – implications abound!

Joe Paduda

We know work comp medical costs are not increasing; the question is, how does this impact stakeholders? Employers are pretty happy; comp costs as a percentage of payroll are at or near an all-time low. Insurers are doing great; combined … Continue reading Work comp medical trend is flat – implications abound!

Feb
26

Coronavirus Part One, the Bad News and the Good.

Joe Paduda

Just chill. Several readers have suggested I post on the coronavirus issue and how it relates to workers’ comp. My quick takeaway – it’s highly unlikely coronavirus will be contained – but the death rate (percentage of people who die … Continue reading Coronavirus Part One, the Bad News and the Good.

Feb
25

Work comp medical costs – the real story

Joe Paduda

Workers’ comp medical costs are not increasing… Even close followers of the industry would get the opposite impression; pretty much all industry “news”, marketing pitches, industry executive poll results and investor reports talk about rising medical costs or the fear … Continue reading Work comp medical costs – the real story