Tag Archives: Compensation

A New Benchmark for Workers Compensation Charge Schedules: Prices Paid by Industrial Insurers?

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Cambridge, MA (PRWEB) June 26, 2013

A new 22-state study from the Workers Compensation Study Institute (WCRI) says that nonhospital costs paid for widespread surgeries performed on injured workers have been higher than the costs paid by group overall health insurers for the very same surgery in almost all study states.

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In a quantity of states, the workers compensation rates paid for typical surgeries have been 24 instances larger than the costs paid by group health insurers in the identical state, says the WCRI study A New Benchmark for Workers Compensation Charge Schedules: Rates Paid by Industrial Insurers? In contrast, the costs paid for workplace visits below workers compensation had been typically within 30 % of the prices paid by group overall health insurers.

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According to the study, workers compensation rates are extremely a lot shaped by the state fee schedules or their absence. In states with greater (reduce) charge schedules, workers compensation prices paid had been usually larger (lower). In states with no fee schedules, rates paid had been normally greater.

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In a standard year, 5 to ten states have important public policy debates about enacting new charge schedules or producing major revisions to existing ones to regulate rates paid in workers compensation. Often, the central query debated is how high or low the charge schedule prices must be, mentioned Richard Victor, WCRIs executive director. We hope this study can help policymakers and other stakeholders ground the debate.

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This study focuses on the median nonhospital price tag paid for five frequent surgeries and four widespread established patient workplace visits in 22 huge states for services delivered in 2009. These are the costs in fact paid for professional services billed below a distinct Current Procedural Terminology (CPT) code. This study also discusses how to generalize these results to later years.

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The 22 states included in this study are Arizona, Arkansas, California, Connecticut, Florida, Georgia, Illinois, Indiana, Iowa, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia, and Wisconsin.

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For far more info about this report or to buy a copy, please click on the following link: http://www.wcrinet.org/outcome/new_benchmark_for_wc_fs_outcome.html.

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ABOUT WCRI:

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The Workers Compensation Research Institute (WCRI) is an independent, not-for-profit research organization primarily based in Cambridge, MA. Founded in 1983, the WCRI is recognized as a leader in providing higher-high quality, credible, and objective information about public policy concerns involving workers’ compensation systems. WCRI’s diverse membership involves employers insurers governmental entities managed care organizations wellness care providers insurance coverage regulators state labor organizations and state administrative agencies in the U.S., Canada, Australia, and New Zealand. For far more details, check out: http://www.wcrinet.org.

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Lung Cancer Asbestos Victims Center Urges Navy Veterans Who Have Mesothelioma Or Of Asbestos Connected Lung Cancer To Contact Them About Compensation And Honesty

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(PRWEB) June 28, 2013

The Lung Cancer Asbestos Victims Center says, “According to the US Centers for Disease Control US Navy Veterans make up about 1 third of the 3000 citizens, who will be diagnosed with mesothelioma this year. Unfortunately, there are no statistics that we can uncover with respect to lung cancer victims who were exposed to asbestos while serving in the US Navy, but we have to assume it is a huge quantity. If a US Navy Veteran has been diagnosed with mesothelioma, or asbestos exposure lung cancer we do not want them to fall for a cable Tv mesothelioma advertising and marketing law firm, or an untruthful Internet net internet site suggesting quick cash for a mesothelioma claim, or other asbestos illnesses, since we are tired of seeing victims of mesothelioma, or asbestos exposure lung cancer getting misled, and a lot more frequently than not shortchanged. If you get in touch with us we will be sincere with the victim, and or their family members members.” If a diagnosed victim of mesothelioma, or a victim of any type of lung cancer had lengthy term exposure to asbestos in their workplace the Lung Cancer Asbestos Victims Center will direct the victim, or household members to the most skilled, and capable mesothelioma, or asbestos exposure law firms in the nation, since these incredibly knowledgeable specialists actually do get the best attainable financial compensation settlements for their clients. For a lot more information diagnosed victims of mesothelioma, lung cancer victims, or their household members are urged to get in touch with the Lung Cancer Asbestos Victims Center at 866-714-6466.

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According to the Veterans Administration the states with the largest number of US Navy Veterans include California, Florida, Texas, New York , Washington, Virginia, Maine, Ohio, Pennsylvania, Illinois, Hawaii, New Jersey, Massachusetts, Rhode Island, North Carolina, Georgia, Louisiana, Missouri, Michigan, Maryland, Indiana, Wisconsin, Minnesota, New Mexico, Colorado, Montana, Nevada, North Dakota, Wyoming, Idaho, Oregon, and Alaska. http://LungCancerAsbestosVictimsCenter.Com

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TheLung Cancer Asbestos Victims Center says, “Aside from the US Navy, other high threat workplaces for asbestos exposure contain shipyards, power plants, manufacturing factories, chemical plants, oil refineries, mines, smelters, aerospace manufacturing facilities, demolition construction operate internet sites, railroads, automotive manufacturing facilities, or auto brake shops. With mesothelioma, or lung cancer brought on by asbestos exposure the cancer may possibly not show up until decades after the exposure. As extended as the victim, or their loved ones members can prove the exposure to asbestos, we will do every thing feasible to support them get what may be considerable financial compensation.” For more details please contact the Lung Cancer Asbestos Victims Center anytime at 866-714-6466. http://LungCancerAsbestosVictimsCenter.Com

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Mesothelioma Victims Center Urges US Navy Veterans Diagnosed With Mesothelioma To Call Them For The Names Of The Most Skilled Mesothelioma Lawyers-For Far better Compensation

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(PRWEB) June 14, 2013

The Mesothelioma Victims Center says, “US Navy Veterans are by far the largest single group of men and women diagnosed with mesothelioma each and every year, and we are incredibly passionate about making particular each a single gets to the nation’s most skilled, and experienced mesothelioma lawyers, simply because we know compensation for mesothelioma is directly linked to the ability, and the experience of the mesothelioma lawyers who represent their client.” According to the CDC, about 2500 US citizens will be diagnosed with mesothelioma this year. Of this group, about one third served in the US Navy. Mesothelioma is a very uncommon type of cancer that is one hundred% directly attributable to exposure to asbestos. The CDC also indicates the average age of a diagnosed victim of mesothelioma is about 72 years old. Normally the US Navy Veteran victim was exposed to asbestos decades ago, regularly in a US Navy ship’s engine space, a ammunition magazine, or in fuel storage regions. According to the Veterans Administration some of the worst varieties of asbestos exposure occurred when a US Navy Veteran was stuck on a ship way in dry dock undergoing a major overhaul in shipyards in Washington, Virginia, California, Maine, or Georgia. For far more info US Navy Veterans who have been diagnosed with mesothelioma, or their family members are encouraged to get in touch with the Mesothelioma Victims Center anytime at 866-714-6466 for instant access to the nation’s major lawyers, who specialize in mesothelioma financial compensation.

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The Mesothelioma Victims Center says, “What tends to make identifying US Navy Veterans who have been diagnosed with mesothelioma complicated is they are in each and every state. Washington, and Maine are two of the leading states with diagnosed victims of mesothelioma, and both are property to significant US Navy installations. Even so, it is just as likely a US Navy Veteran living in California, Florida, Texas, New York, New Jersey, Massachusetts, Ohio, Pennsylvania, Illinois, Indiana, Missouri, Kansas, Nebraska, North Dakota, Wyoming, New Mexico, Colorado, Utah, Nevada, Arizona, Idaho, Montana, Oregon, or Alaska could be diagnosed with mesothelioma, and we are urging household members of lung cancer victims to be certain to tell the victim’s doctor, if they are US Navy Veteran, and if they were exposed to asbestos although serving. Since mesothelioma is so rare, and because the victim is usually over 70, we fear a lot of US Navy Veterans are not appropriately diagnosed with mesothelioma, and they in no way are compensated.” For much more data please contact the Mesothelioma Victims Center anytime at 866-714-6466. http://MesotheliomaVictimsCenter.Com

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The Mesothelioma Victims Center says, “Aside from US Navy Veterans, other high danger groups for a uncommon type of cancer called mesothelioma include shipyard, power plant, or oil refinery workers, plumbers, county, or city municipal water district workers, electricians, pipe fitters, insulators, miners, demolition construction workers, railroad repair yard workers, or auto brake technicians.” The Mesothelioma Victims Center says, “Generally the average US mesothelioma victim is about 72 years old. A lot more often than not mesothelioma is diagnosed three, four, or even 5 decades soon after the exposure to asbestos. Since of the age of the average victim of mesothelioma we talk to we really encourage the adult son, the adult daughter, or the wife of the victim to contact us anytime at 866-714-6466, so we can offer them, and their loved 1 with our unparalleled cost-free services.” http://MesotheliomaVictimsCenter.Com

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Independent Foreclosure Review Compensation Checks Stun Recipients

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Minneapolis, MN (PRWEB) May 09, 2013

According to a May 8th Bloomberg report, Rust Consulting of Minneapolis, the agent responsible for compensation checks according to the Independent Foreclosure Review (IFR) Payment Agreement, said yesterday that “a clerical error led to some borrowers in the May 3, 2013, wave of payments being sent checks for less than the amount that the Federal Reserve directed those borrowers to be paid.” Rust has corrected the mistake and announced its intentions to mail supplemental checks to affected borrowers as soon as May 17, 2013, making up for the insufficient amounts qualifying homeowners were to be paid.

“Concerned recipients will have a letter explaining the reason for the error will be included with the supplemental check,” says Jenna Thuening, owner of Home Destination. “Many caught in the Minnesota foreclosure timeline are eager to gain some sense of closure to the hardships following losing their homes.”

4.2 million individuals are or will gain the Independent Foreclosure Review compensation checks they have been waiting for. Regulators are dividing $ 3.6 billion in payments among the qualifying recipients; of these, 2.4 million homeowners are receiving $ 300. The correct total foreclosure reimbursement amounts are categorized on the Federal Reserve Boards website.

The recipients of the foreclosure compensation checks are mortgage loan borrowers whose homes were in any stage of a foreclosure process during 2009 or 2010, and whose mortgage servicers were among the 13 companies, or their subsidiaries or affiliates. Compensation checks began to go out in the mail April 12.

According to the OCC website, regulators at the Office of the Comptroller of the Currency and the Federal Reserve board announced that all 4.4 million people who received a foreclosure notice in 2009 or 2010 could expect to receive a compensation check, regardless of whether they suffered any harm or were wronged. All things being even, the $ 3.6 billion allocated to the indicated homeowners would find a medium of everyone gaining a check just over $ 800.

Eventually, regulators established 11 categories in hopes to extend more money for homeowners who suffered greater harm. A “completed foreclosure” of a borrower protected by bankruptcy law, for example, would yield at minimum a $ 31,250 payout. Others would receive just $ 300, states Business Wire in a press release titled “Rust Provides Update on Independent Foreclosure Review Settlement Payments”. The Fed acknowledges the erroneous compensation payments have been sent, and says they will be corrected.

The OCC offers details of the IFR compensation categories. However, a recent GOA assessment of the process indicates tangles in the job and suggests lessons that can be learned from the process.

Questions remain as to the description of exactly what situations fall into which categories. The “Other ($ 3,000 & Up)” category comprises significant numbers that are unspecified.

In January, legislators seeking to help stop the foreclosure crisis, including Representative Maxine Waters,Senator Robert Menendez, together with Representatives Brad Miller and Luis Gutierrez, requested that the Government Accountability Office (GAO) monitor the Independent Foreclosure Review process. On April 17, 2013, the GAO issued its second report on the topic, unveiling a list of shortcomings. The report revealed that although regulators publicly released more information on the foreclosure review process than is typically disclosed in connection with a consent order, key elements of communication are missing, explaining why compensation checks stun recipients.

Compensation Categories As Outlined By The Regulators:


Modification Request Approved ($ 300 – $ 500)

Modification Request Denied ($ 1,000 – $ 6,000)

Modification Request Received – but no underwriting decision made ($ 400 – $ 800)

Servicer Did Not Engage With Borrower – in a loan modification or other loss mitigation action ($ 300 – $ 600)

Other Loans ($ 300 – $ 500)

Other Loans ($ 3,000 – $ 125,000)

Questions about the status of the check or any other inquiries regarding the Independent Foreclosure Review should be given to Rust Consulting; as they are the paying agent for the Federal Reserve Board. Rust Consulting is the agency intended to handle questions and provide answers. The Federal Reserve Board promises to continue monitoring the payments closely and encourages borrowers who have concerns or experience difficulties cashing their checks to call Rust at 1-888-952-9105.

Home Destination is a Certified Distressed Property Expert who is passionate to help Minneapolis real estate sellers and home buyers enjoy their homes; gaining a compensation check timely and in full may be part of that. Call 613-396-7832 for guidance.







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