1 / 11

Navigating Federal Black Lung Regulations: Impact, Updates, and Litigation Analysis

This session provides a comprehensive overview of Federal Black Lung Law, recent updates, and litigation insights. Learn about the impact of new regulations, who is affected, and the implications for carriers, reinsurers, and funds.

joshuas
Download Presentation

Navigating Federal Black Lung Regulations: Impact, Updates, and Litigation Analysis

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. SESSION NUMBER 4WORKERS COMPENSATION EMERGING ISSUESFEDERAL BLACK LUNG REGULATIONSDALE W. BROADWATER

  2. FEDERAL BLACK LUNG REGULATIONS • Brief history of Federal Black Lung Law • Up-date of current Regulations-Litigation • Impact of the New Regulations • Who do the New Regulations Affect

  3. Federal Black Lung Regulations • Summary of Pennsylvania Filing • Discussion of the Award Ratio • 1984 Endorsement • Statutory Accounting vs. Pricing

  4. FEDERAL BLACK LUNG REGULATIONS • Brief History of Federal Black Lung Regulations • a)Original 1969 Law • b)1973 Amendment • c)1977 Amendment • d)1982 Amendment • e)103rd Congressional Bill

  5. FEDERAL BLACK LUNG REGULATIONS • Update of current Regulations-Litigation • a)January 1997 initial proposal • b)October 1999 second proposal • c)December 20, 2000 Final proposal effective January 19,2001 • d)February 9, 2001Preliminary Injunction • e)June 5, 2001 Oral Arguments • f)August 9, 2001 Decision

  6. FEDERAL BLACK LUNG REGULATIONS • Impact of the New Regulations • a)Definition of Pneumoconiosis • b)Expansion of medical Benefits • c)Primary treating physician • d)Refiling of previous denials

  7. FEDERAL BLACK LUNG REGULATIONS • Who do the New Regulations affect • a)Direct carriers • b)Reinsurers and excess carriers • c)Plans and Pools • d)Insolvancy Funds

  8. FEDERAL BLACK LUNG REGULATIONS • Summary of Pennsylvania Filing • a)Overall 6407% increase in Federal Loss Costs • b)Majority of filing to cover new/refiled claims • c)Shrinking exposure base magnifies percentage increase • d)Summary of calculations

  9. FEDERAL BLACK LUNG REGULATIONS • Discussion of the Award Ratio • a)Potentially misleading • b)DOL estimates 12% • c)Depends on definition of denominator • d)Claim number vs. Social Security Number

  10. FEDERAL BLACK LUNG REGULATIONS • 1984 Endorsement • a)Initial Standard Endorsement • b)1977 Law Amendment • c)1982 Court Case • d)1984 endorsement language

  11. FEDERAL BLACK LUNG REGULATIONS • Statutory accounting vs. pricing • a)CMCRB cautiously proposed one year term • b)Subject to modification with Regulator approval • c)Individual carrier variations

More Related