Perspectives on Workers Compensation Data Management Issues: An Informational Newsletter Brought To You By ISO
 

 Featured articles

 Issue Number: 2.3    Fall 2008
Managing Profitability Managing escalating workers comp costs:
Predictive modeling holds promise in many areas

By Marty Ellingsworth, President, ISO Innovative Analytics (IIA), a unit of ISO

Already being applied successfully in many industries such as group healthcare and personal lines insurance, predictive modeling is starting to spark the interest of more and more workers comp carriers. Looking to stem soaring workers comp costs, some carriers are exploring this powerful analytics technology to help them identify cost drivers and better manage the workers comp line of business.   » more
 
Managing Profitability Workers Comp Fraud:
High-Tech Tools Offer Hope in Fighting Costly Problem

A Perspectives interview with Richard Della Rocca, Vice President – ISO Claims Solutions

The workers compensation system has been plagued with fraud by individuals who see workers comp as an easy revenue source and manipulate it to their advantage. It’s a hefty problem, costing the industry an estimated $5 billion annually. Richard Della Rocca, Vice President – ISO Claims Solutions, comments on the problem and discusses effective ways being developed to combat it.   » more
 
Managing Profitability Detailed medical reporting:
wcPrism™ provides new service level using the Verisk Health Intelligence Platform™
 
In the latest expansion of ISO’s suite of workers compensation information services, ISO and Verisk Healthcare, Inc., ISO’s subsidiary in heathcare data and analytics, have developed a new service for detailed medical reporting. The new service, wcPrism™ Medical Reporter, helps carriers and other workers comp reporters manage the detailed medical reporting for workers comp claims, as well as the collection and submission of medical transactions.   » more
 
Art Cadorine

Arthur Cadorine, ACAS
Vice President
ISO’s Workers Compensation Information Services

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