Good! Maybe one day our industry will learn that the higher the claims amount the higher the premium and commissions. You will not see me picketing the legislature to fix this. Higher rates are coming sooner rather than later.
Since attorneys for injured workers are not paid anything unless a carrier wrongly denies a benefit/claim, if claimant attorney fees are a true driver of rate increases, then the proper provision of benefits seems to be the best way to keep rates down? All of this discussion about rate increases because of claimant attorney fees seems to be a concession that work comp careers are routinely denying authorization or coverage when they shouldn’t and plan to continue to do so.
Good! Maybe one day our industry will learn that the higher the claims amount the higher the premium and commissions. You will not see me picketing the legislature to fix this. Higher rates are coming sooner rather than later.
Since attorneys for injured workers are not paid anything unless a carrier wrongly denies a benefit/claim, if claimant attorney fees are a true driver of rate increases, then the proper provision of benefits seems to be the best way to keep rates down? All of this discussion about rate increases because of claimant attorney fees seems to be a concession that work comp careers are routinely denying authorization or coverage when they shouldn’t and plan to continue to do so.