The New Methods of Predicting Medical Costs in Workers Compensation

 AIG hires a Chief Science Officer and WCIRB now adds a Director of Analytics...Big data allows us to track outcomes from a variety of different methods...---By injury---By Doctor---By prescription---By ... what is meaningful...Watching these huge institutions navigate around their wealth of data and more importantly see how they use it will be of much interest in the years ahead.  Those that have the most data/fastest car don't win, it's who is driving the car ---

WCIRB Wire Alert

WCIRB Adds Director of Medical Analytics

San Francisco, CA July 2, 2013 - Today the WCIRB announced that Greg Johnson, Ph.D. has joined the WCIRB as the new Director of Medical Analytics. In this newly-created role, Greg will work closely with the WCIRB's medical data collection and actuarial teams to lead research efforts using medical transaction data which the WCIRB began collecting in late 2012.This new research will be used to support the WCIRB's ratemaking processes, monitor the costs emerging from SB 863, evaluate the cost impact of future legislative, regulatory and judicial changes, and provide valuable medical cost information to insurers, public policymakers and other industry stakeholders. Prior to joining the WCIRB, Greg was a management consultant with PricewaterhouseCoopers (now IBM Business Consulting Services) and Ernst & Young. In his 26-year career, he focused on program evaluation and process improvements for health care and insurance organizations. He has been involved in numerous studies related to the California Workers' Compensation medical benefit delivery system. He received a B.A. from the University of Oregon, and a M.A. and PhD. from Harvard University.

Join the Conversation on Linkedin | About PEO Compass

The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better. All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.

To contact a PEO expert, please visit Libertate Insurance Services, LLC and RiskMD.