A state workers’ compensation advisory panel, called the Three-Member Panel, voted on Wednesday, January 4 to ask the Florida Legislature to look into creating a drug formulary to keep medical costs in check. The panel lays down policies on reimbursements and payment levels for health care providers, pharmacists, and medical suppliers who work with workers’… Read More
University of Illinois tax expert Richard Kaplan, in a new paper, said that the President Barack Obama’s Patient Protection and Affordable Care Act (Obamacare)’s “Cadillac tax”, “which isn’t scheduled to take effect until 2020, was enacted to fulfill two related but distinct purposes: to raise revenue to offset the subsidies [that Obamacare] provides to low-income… Read More
Illinois House of Representatives Speaker Michael J. Madigan’s spokesperson, Steve Brown, has repeatedly said that insurance companies in the state are hoarding cost savings. There has yet to be concrete proof of anti-trust violations, including violations of provisions of the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act… Read More
According to the 2016 Oregon Workers’ Compensation Premium Rate Ranking study, Illinois was ranked as the most expensive state in the Midwest in terms of workers’ compensation costs, and is tied with Oklahoma as the seventh-most expensive state in the United States. Aside from that, the study reveals that Illinois is not an attractive site… Read More
The Illinois Workers’ Compensation Commission is embarking on an endeavor to modernize 40-year-old paper filing systems; one lawyer said that such a move will bring only minimal improvements to the system as a whole, however. Gene Keefe, a 30-year practitioner of civil litigation, is optimistic that the plan to invest in updated technology translates to… Read More
The Illinois Workers’ Compensation Commission is embarking on an endeavor to modernize 40-year-old paper filing systems; one lawyer said that such a move will bring only minimal improvements to the system as a whole, however. Gene Keefe, a 30-year practitioner of civil litigation, is optimistic that the plan to invest in updated technology translates to… Read More
Groups looking out for the interests of businesses said the high cost of workers’ compensation will continue to impede the growth of industry in Illinois, which will reduce state revenue growth. Illinois Manufacturers’ Association Vice President and Chief Operations Officer Mark Denzler said an Oregon study published in 2014 showed that Illinois employers have been… Read More
Groups looking out for the interests of businesses said the high cost of workers’ compensation will continue to impede the growth of industry in Illinois, which will reduce state revenue growth. Illinois Manufacturers’ Association Vice President and Chief Operations Officer Mark Denzler said an Oregon study published in 2014 showed that Illinois employers have been… Read More
Illinois Department of Insurance Deputy Director of Investigations William Blumthal, Jr. provided an update about their agency’s efforts to battle workers’ compensation insurance fraud. His comments came at the 2016 Illinois Self Insurers’ Association 38th Annual educational seminar and membership meeting on Saturday, October 15. According to Blumthal, the Coalition Against Insurance Fraud believes there… Read More
Illinois Department of Insurance Deputy Director of Investigations William Blumthal, Jr. provided an update about their agency’s efforts to battle workers’ compensation insurance fraud. His comments came at the 2016 Illinois Self Insurers’ Association 38th Annual educational seminar and membership meeting on Saturday, October 15. According to Blumthal, the Coalition Against Insurance Fraud believes there… Read More
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