NCCI issues workers' comp report

NCCI issues workers’ comp report

According to the 2022 Regulatory and Legislative Trends Report published by the National Council on Compensation Insurance, legislators from throughout the United States remained to debate COVID-19 workers’ compensation-related concerns during the initial half of the year (NCCI). While a number of states deliberated on whether or not to implement new workers’ insurance false assumptions, extend or sunset existing ones, or extend or sunset COVID-19 workers’ insurance unfounded assumptions, others evaluated proposals that focused on COVID-19 vaccinations and workers’ compensation.

The NCCI has followed more than 800 pieces of legislation at both the state and federal levels so far in 2022. While the COVID-19 legislation has remained a priority, other workers’ remuneration concerns have been the focus of legislative activity. These topics include work setting mental ailments, the legalization and indemnification of marijuana, single-payer health care, and the question of whether gig workers should be classified as employment or independent contractors.

Additionally, NCCI monitored over two hundred regulations pertaining to workers’ compensation. As in the previous years, the primary focus of the laws that were implemented, which included medical price schedules and treatment recommendations, was on reducing the overall cost of medical care. According to NCCI, a number of the other regulations that were established addressed reporting requirements for claims, as well as surcharges and penalties.

According to Bill Donnell, president and CEO of the National Council on Insurance Plan (NCCI), “NCCI has been the trusted source for workers’ insurance information for than 100 years.” We generate in-depth reports such as this one in order to assist stakeholders in navigating the complex problems that shape the regulatory and legislative landscape.

Additionally, for this year’s market research report, the organization has introduced two new widgets, which are as follows:

  • The Workers’ Remuneration Legislation Adopted in 2022 – Interactive Display offers customers with representations of workers’ insurance legislation that was instituted this year at the national or state level.
  • Users are given the ability to access filed and authorized loss cost/rate information based on the 2021-2022 filing season through the use of an area extending that is part of the 2021-2022 loss cost/rate filing process.

Report author and NCCI division executive for regulatory and legislative interpretation Laura Kersey stated that “we are exceptionally thrilled to unveil an invigorated configuration and interactive digital visualizations to enhance how our involved parties visualize documentation.” “We’re extremely pleased to introduce a refreshed format and new interactive dashboards to enhance how our stakeholders visualize relevant data,”

You can access the report at the website of the NCCI.

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