Bill Koressel's Social Stream

  • Tumblr October 27, 2017, 2:22 pm

  • Tumblr August 28, 2016, 6:59 pm

    Claim Delays Still Plague Industry

    Legitimate Claims Delayed Are The Cost Drivers
    “The seminal moment in the life of any claim is when pay day should have happened and it didn’t,” Tom Lynch, the founder of the Massachusetts-based cost-containment firm Lynch Ryan & Associates told WorkCompCentral when interviewed about findings by the Workers Compensation Research Institute (WCRI) that Massachusetts total claim costs have declined the most sharply compared to 15 other study states.

    WCRI credits much of the decline to the speed at which carriers in the state make their first payment of indemnity.

    “What drives injured workers into the arms of attorneys is not getting paid on time,” Lynch said. “They have families to support and mortgages to pay, and most of them are living paycheck to paycheck.

    I have heard many times in the past from many different system participants that attorneys are to blame for increased costs in workers’ compensation and that they need to be removed from the system.

    Of course, being an attorney myself, I respond with irrefutable competing logic - accountants and tax preparation specialists add significantly to the cost of paying taxes, yet no one calls for their removal.

    And that is because attorneys are not the CAUSE of increased costs in the system. Lawyer participation is simply a symptom.

    Sure, there are some lawyers that are going to take advantage of a situation such as a work injury and prey on the uninformed or those seeking redress for a perceived wrong. Heck, you see them advertise right on this blog through their Google Ads accounts.

    But for the most part, injured workers get drawn to lawyer participation due to one of two simple reasons: 1) the system and accompanying paperwork is complex and frightening (how many state forms have you seen that warn the injured worker of “losing rights” if they don’t do something by a certain time?); 2) someone didn’t get paid on time when they felt they should have and, as Lynch noted, there’s a mortgage or rent payment coming up.

    In yesterday’s news, it was reported that Peggy Sugarman, former chief deputy administrative director of the California Division of Workers’ Compensation, has taken over as the director of workers’ compensation for the City and County of San Francisco.

  • Tumblr November 13, 2012, 10:44 am

    Medical Costs Per Claim For Injured Workers In Virginia Higher Than Most States And Rising Fast, Says New WCRI Study
  • Tumblr November 5, 2012, 1:21 pm

    Claim Delays

    Legitimate Claims Delayed Are The Cost Drivers
    “The seminal moment in the life of any claim is when pay day should have happened and it didn’t,” Tom Lynch, the founder of the Massachusetts-based cost-containment firm Lynch Ryan & Associates told WorkCompCentral when interviewed about findings by the Workers Compensation Research Institute (WCRI) that Massachusetts total claim costs have declined the most sharply compared to 15 other study states.

    WCRI credits much of the decline to the speed at which carriers in the state make their first payment of indemnity.

    “What drives injured workers into the arms of attorneys is not getting paid on time,” Lynch said. “They have families to support and mortgages to pay, and most of them are living paycheck to paycheck.

    I have heard many times in the past from many different system participants that attorneys are to blame for increased costs in workers’ compensation and that they need to be removed from the system.

    Of course, being an attorney myself, I respond with irrefutable competing logic - accountants and tax preparation specialists add significantly to the cost of paying taxes, yet no one calls for their removal.

    And that is because attorneys are not the CAUSE of increased costs in the system. Lawyer participation is simply a symptom.

    Sure, there are some lawyers that are going to take advantage of a situation such as a work injury and prey on the uninformed or those seeking redress for a perceived wrong. Heck, you see them advertise right on this blog through their Google Ads accounts.

    But for the most part, injured workers get drawn to lawyer participation due to one of two simple reasons: 1) the system and accompanying paperwork is complex and frightening (how many state forms have you seen that warn the injured worker of "losing rights” if they don’t do something by a certain time?); 2) someone didn’t get paid on time when they felt they should have and, as Lynch noted, there’s a mortgage or rent payment coming up.

    In yesterday’s news, it was reported that Peggy Sugarman, former chief deputy administrative director of the California Division of Workers’ Compensation, has taken over as the director of workers’ compensation for the City and County of San Francisco.

    Sugarman said she believes one key to running a successful workers’ compensation program is good communications with injured workers. Employers have the ability to create their own notification letters, provided they include information that is required by the state, and in doing so can better explain how the claim process works.

  • Tumblr October 3, 2012, 6:36 pm

    Bill Koressel Education

    Bill Koressel received his Bachelors in Criminal Justice from CSU Los Angeles in 1983.  He later completed his MS in Public Admin/Risk Management in 1990 from CSU Long Beach.

  • Tumblr October 3, 2012, 6:34 pm

    Bill Koressel Employment Info

    Bill Koressel has been fighting insurance fraud at K2 Investigation for almost a decade.  Prior to that he was an officer/detective/training/traffic/SWAT at Huntington Beach PD from 1983 to 1995