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State of New Jersey Failed to Address Deficiencies in $96 Million Workers’ Compensation Program

Workers' Compensation

“The Division didn’t follow through on most of what it said it would do,” said Kevin Walsh, Acting State Comptroller. As of now, the risk of fraud, waste, and abuse in New Jersey’s workers’ compensation system remains unacceptably high.” The risk of incorrect payments to workers remains. The vendor billed the Division about $6.5

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Workers Compensation and Occupational Safety and Health Challenges

AssuredPartners

Workers compensation is a state-level social insurance program that provides financial, medical, and rehabilitation benefits to workers who sustain job-related injuries or illnesses. The second most effective step is to ensure that the risk management, human resources or safety manager position has a management-level classification.

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Are Workers’ Comp Insurers ready for what comes next in the COVID-19 crisis?

Workers' Compensation Perspectives

For workers’ compensation insurers, there are additional complications in their day-to-day operations. The medical and rehabilitation services often provided by workers’ compensation typically are very “hands on”. The degree to which this challenge may impact particular insurers remains to be seen but the risk is real.

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Workers’ Compensation Insurance Arrangements: Does the model make a difference? Part 1

Workers' Compensation Perspectives

Requiring employers provide financial compensation to workers or their families for work-related injury, illness and death is central to achieving this objective. This category includes state fund insurers that act as the “insurer of last resort” within the jurisdiction. There are no jurisdictions with competitive state funds.