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Is the Workers' Compensation System Prepared for Omicron (Updated 12/10/21)

Workers' Compensation

As this holiday season approaches, employers, insurance companies, and employees will be facing what may be the biggest COVID challenges of the year. The insurance program has been left to absorb the impacts that have been generated complacency, hesitancy, and a fractured political landscape. Recommended Citation: Gelman, Jon L.,

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How prepared are workers’ compensation systems for COVID-19?

Workers' Compensation Perspectives

Regardless of the workers’ compensation model (private insurance, competitive state fund, exclusive state fund), every insurer has to prepare for the unexpected. Afterall, insurance is the transfers the financial risk of rare but costly events from the insured to the insurer. Source: 1918 Annual report ibid.,

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Is workers’ compensation spending on healthcare significant? Would a "single-payer" system make a difference?

Workers' Compensation Perspectives

The healthcare of military vets, grants for medical research and public medical insurance typically fall into the public spending category. Workers’ compensation spending on healthcare may be in either category or both depending on the jurisdiction. What portion of National Healthcare Expenditures are related to Workers’ Compensation?

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Innovation is Necessary to Meet the Challenge of COVID in 2022

Workers' Compensation

Workplaces are now primed for a massive wave of compensation claims due to the Omicron variant. A recent study provides a potential opportunity for employers and insurance companies to reduce their risk exposure through early sequencing and treatment proactively.

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

Workers' Compensation Perspectives

[Supplemental background for students of DMCCJ – Workers’ Compensation and Return to Work and DMCCL- Insurance and Other Benefits – Pacific Coast University for Workplace Health Sciences] Workers’ compensation insurers and legislators are taking the first steps in dealing with the COVID-19 crises.

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Workers’ compensation Insurance Arrangements: Does the model make a difference? Part 2

Workers' Compensation Perspectives

[For the first part of this discussion, see “Workers’ Compensation Insurance Arrangements: Does the model make a difference? Part 1” at [link] or [link] ] In my previous post, I described the range of public policy insurance arrangements governments use in the workers’ compensation insurance market.

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Issue Commentary: Courts Are Mixed in Deciding Compensability of COVID-19 Without Aid of Presumptions

The Workcomp Writer

On August 4, 2020, Foster submitted to a COVID-19 test at a regional hospital. Foster was hospitalized from August 11, 2020, to August 24, 2020, due to pneumonia. The Judge added that on January 19, 2021, the West Virginia Office of the Insurance Commissioner issued Insurance Bulletin No. That test was negative.