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Workers’ Compensation Cost Containment Issues 2017

Read this write up now to learn about the issues to watch in 2017 and prepare yourself with the industry knowledge you need. Visit http://ans-solutions.com/ for more information.

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Workers’ Compensation Cost Containment Issues 2017

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  1. Beware of These Workers’ Compensation Industry Issues in 2017 ans-solutions.com

  2. Due to the impact of the presidential and several gubernatorial elections, it is expected that workers’ compensation industry will go through many changes in 2017. Here we have listed a few issues to watch out for in the workers’ compensation industry this year. ans-solutions.com

  3. THE AFFORDABLE CARE ACT The changes popping up in the Affordable Care Act will influence the industry, including claims frequency, claims shifting, and cost shifting. This becomes evident in cases when private insurance is lost by injured workers and these changes are expected to be resolved in the coming year. ans-solutions.com

  4. PHYSICIAN SHORTAGES According to the Association of American Medical Colleges, “America is projected to be short an estimated 12,000 to 31,000 primary care physicians by 2025.” Physicians are expected to be in short supply in 2017 and the number varies depending on any of the following reasons. • Geographic location • Population growth • Aging baby boom population • Affordable Care Act instability ans-solutions.com

  5. PRESCRIPTION DRUG ABUSE One turbulent issue in the workers’ compensation industry that drives compensation cost is the overuse and abuse of prescription drugs. So, there is an increased need for claims management teams and attorneys to move forward in addressing this issue in claims, monitoring prescriptions, and more. ans-solutions.com

  6. OTHER ISSUES • Changes in workforce • Profit and loss scenarios • Treatment guidelines ans-solutions.com

  7. Visit ans-solutions.comfor more information. Call: 908 315 7500 E-mail: info@ans-solutions.com ans-solutions.com

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