In the past economic downturns,
successful public and private organizations made decisions that
correctly assumed that the economic recovery would restore
economic activity back to normal and growth would lead us beyond
the old peak. No structural adjustments were needed for success,
only doing what was necessary to "muddle through."
In the current Great Recession,
there is good reason to expect that we may not return to the old
peak during the next several years or longer, but will return to
a "new normal" level of economic activity below the old peak. If
so, successful organizations will be those that make timely and
effective structural changes to position themselves for this new
normal. This conference examines the reasons why a new normal is
likely and its implications for workers' compensation systems.
One of the implications is that
successful systems will reduce unnecessary costs — defined as
costs borne by employers that do not improve outcomes for
injured workers. The program for this conference focuses on
the opportunities and barriers to reduce unnecessary medical
costs during the recovery from the Great Recession.
Session 1: What Is the Likely
Shape of the Economic Recovery and What Are the
Implications for Workers' Compensation Systems?
Session 2: Identifying
Unnecessary Medical Costs
Session 3: Eliminating
Unnecessarily High/Low Medical Prices
Session 4: Tools to
Reduce Unnecessary Medical Care
A. Educating Medical Providers
B. Educating Patients
C. Empowering and Regulating Payers
Session 5: A Special
Challenge: Return to Work for the Recession-affected Longer-term
Unemployed Injured Workers
The WCRI conference, an annual
two-day event, is a leading workers' compensation forum for
policymakers, employers, labor advocates, insurance executives,
health care organizations, claims managers, researchers, and
others and draws attendees from across the nation. Each
stakeholder group faces unique challenges. Conference
participants will leave with new insights and a better
understanding of key issues in today's competitive environment.
For more information, contact
Sarah Solorzano at
ssolorzano@wcrinet.org
Link to Conference Registration Page