News Bulletins

In industry news:

Beginning October 7, 2019, CMS will convert to the CDC’s “Table 1: Life Table for the total population: United States, 2016“ for the Workers’ Compensation Medicare Set Aside life expectancy calculations. A link to the CDC’s 2016 Life Tables may be found in the Related Links section at the bottom of the Workers’ Compensation Medicare Set Aside Arrangements What’s New page on CMS.gov.

In industry news:

WCRI announced a new free webinar: Defining Centers of Excellence. Orthopedic surgeon and WCRI senior research fellow Dr. Randall Lea will discuss the Centers of Excellence health care model and its implications in the workers’ comp space. The event will take place October 10th at 1 PM CT.

Register here.

In industry news:

The latest episode of AM BestTV addresses the updated Best innovation criteria.

Watch here.

Upcoming events:

  • RIMS SLC luncheon | 9/18/19 | Andy’s Bistro | RSVP: ellencziegel@imtt.com
  • Louisiana Comp Blog Comp in Focus luncheon | 9/19/19 | Pascal’s Manale | Register
  • Baton Rouge Claims Association Bowling Event | 9/19/19 | All Star Lanes Baton Rouge | RSVP: LydiaOberle@case-experts.com

In local news:

Gov. Edwards announced that Area Development magazine ranked Louisiana No. 8 in the magazine’s annual Top States for Doing Business report, with the state earning a Top 10 position for the ninth consecutive year. Area Development surveys the nation’s top site selection consultants to produce the annual report.

In national news:

Uber and Lyft have stated that they won’t be reclassifying their drivers in the wake of the passage of AB5 – which takes fundamental aim at gig economy companies and their business model by changing the standard for who can be hired as an independent contractor. Uber’s head of legal also said that he expects Uber’s drivers to pass the new independent contractor standard, because they are not essential to the company’s business as a technology platform. According to analysis from Vox, there is also a role reversal in this legislation. Previously, drivers had to sue Uber and Lyft directly if they felt they were misclassified, now California municipalities can.

Read more here.

In tech news:

Mitchell International recently released its Industry Trends Report (ITR) for the third quarter of 2019. In this quarter’s report, Mitchell executives share insights on leveraging emerging claims technology to improve strategic decision-making.

Access the report here.

Upcoming events:

  • RIMS SLC luncheon | 9/18/19 | Andy’s Bistro | RSVP: ellencziegel@imtt.com
  • Louisiana Comp Blog Comp in Focus luncheon | 9/19/19 | Pascal’s Manale | Register
  • Baton Rouge Claims Association Bowling Event | 9/19/19 | All Star Lanes Baton Rouge | RSVP: LydiaOberle@case-experts.com

In national news:

Reuters is reporting that Purdue Pharma has reached a “tentative settlement” with some of the plaintiffs (the majority of which are municipalities) in the consolidated opioid trial set to begin next month in Ohio. The settlement is said to be around $12 billion and would resolve the vast majority of the 2,000+ lawsuits against Purdue and the Sackler family. Another set of a dozen or so states opposed the settlement.

Read more here.

In national news:

California has passed the much-debated AB5 – without an exemption for Uber and other gig economy companies. The crux of the legislation lies in the redefinition of “independent contractor” under California law. According to Vox, the new standard for independent contractor hiring is the “abc” test. The hire must be: a) free from the company’s control, b) doing work that isn’t central to the company’s business, and c) have an independent business in that industry. Uber, Lyft, and DoorDash said that they will each contribute $30 million for a ballot initiative to overturn the legislation.

Read more here.