Staying Ahead of the Game

Held at the Mohegan Sun Convention Center & Hotel in Uncasville, Connecticut, the 15th Annual Worker’s Compensation Insurance ExecuSummit was full of good information, bringing together insurance professionals from all over the country. The event’s producers bring together topics in the forefront of the Workers’ Compensation insurance industry by researching and monitoring emerging topics and trends and then bringing this strategic intelligence to you as it is developing.

“It was a great experience becoming more educated on the Workers’ Compensation issues to watch in 2018 and the claims trends that our partners in the industry are seeing,” said attendee Kristen Wilson, Workers’ Compensation Director for Praxis Consulting, Inc.

The many distinguished presenters brought their “A” game and expertise to provide material essential for those working with Workers’ Compensation claims and underwriting intelligence to plan for the future. Of particular interest at the summit was the presentation on “Workers’ Compensation Claims Trends”. The moderator panel discussed a number of topics, including:

  • The increase of mental health issues in Workers’ Compensation claims
  • Increasing delay or reluctance in the settlement of claims – a multitude of factors
  • Post-settlement complications
  • Unintended consequences to changes in legislation
  • “Soft” compensability trends
  • Impact of Millennials on the claims process
  • Use of technology and impact on Workers’ Compensation

There was also quite a bit of discussion about the Country’s opioid epidemic and its overuse in Workers’ Compensation cases by both the panel and later in the closing keynote address. The conversation branched out to include medical marijuana, its place for some injuries and how litigation on the state and federal level is being handled.

The day-and-a-half long Summit included presentations and workshops on the “Employer’s Role for Fitness for Duty”, “Injured Workers Are People Too”, “Using Data to Look Beyond What You See”, “Preventing Delayed Recovery by Addressing the Whole Person”, “Blueprint for Reducing Future MSA in Your Claim”, “Addressing the Pain”, and “The Aging Workforce and Workers’ Compensation.”

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