workers’ compensation analytics News

Analytics Helping Insurers Identify Workers’ Compensation ‘Mega’ Claims More Quickly

The share of “mega” workers’ compensation claims โ€” those expected to cost $3 million or more โ€” climbed steadily since 2013 after dropping as construction employment declined sharply during the Great Recession, according to a report by the National Council …

Use of Data and Analytics in Workers’ Compensation

In the workers’ compensation space, not only have claim costs increased because of medical issues, but the landscape has also become much more complex. Along with the elevated incidence of fraud, economic fears, and a growing dependency on prescription drugs, …