The latest Cavalcade of Risk is up, hosted by Ray at the Excess Return blog. This is a compendium of blog posts about enterprise, insurance and business-related risk.
Enjoy!
Enjoy!
Showing posts with label Cavalcade of Risk. Show all posts
Showing posts with label Cavalcade of Risk. Show all posts
Home » Posts filed under Cavalcade of Risk
The Latest Cavalcade of Risk is Up
"Risk," It can be quantified and then monetized. Even chicken nuggets are not immune.
Learn more about the thinking that goes into that arcane process by checking out the latest Cavalcade of Risk, hosted by Nancy Germond's Insurance Rider.
Enjoy!
Learn more about the thinking that goes into that arcane process by checking out the latest Cavalcade of Risk, hosted by Nancy Germond's Insurance Rider.
Enjoy!
The Italics and Dot-Dot-Dot Edition of the Cavalcade of Risk
Welcome to your latest edition of the Cavalcade of Risk. The Population Health Blog is pleased to offer this linked summary of some of the best and latest bloggery dealing with economic risk.
Knowing how busy readers are, this particular edition wanted to focus on the "bottom line" of each entry. The most important insight is at the end of each paragraph.....
Enjoy!
Auto
Wondering if that non-performing capital assessment called a "parked car" can be addressed by "peer-to-peer car sharing?' Well, if you think you can grab a portion of Hertz's market share by renting that car, you may want to pause and think about what your automobile insurance has to say about it. Hank Stern over at the Insure Blog points out that a wreck may not be covered leaving you personally responsible for another party's injuries....
Workers Comp
Did you know that employers can be arbitrary, hostile and vindictive? That employees can be sullen, suspicious and uncooperative? Toss in a significant job injury, and you've got is what AMAXX Blog writer Michael Stack describes as an unwritten part of a workers compensation adjuster's job description: being a peacemaker. Employees ultimately do better if they get to work sooner rather than later, and bosses do better they step back and let the workers comp adjuster deal with any possibility of malingering....
Data Privacy
After Target and eBay, your company's (or, come to think about it, government's) databases may not only be next, that possibility is greater than you realize. RJ Weiss at the Weiss Insurance Agencies does readers a service by summarizing some of the numbers around the risk of data breaches, including a cost of $195 to $246 per record, an average loss of 2.8% of customers and that having strong preventive measures in place can reduce your cost by $8.98 per record. Important sources of break-ins include those portable devices and sloppy third parties....
Health Insurance
We'd all like to think that hospitals are working hard to reduce costs and increase quality thanks to the government's value-based purchasing initiative. Jason Shafrin of the Healthcare Economist summarizes a recent peer-reviewed publication on the topic and the bottom line answer is "not exactly." While results may be more a function of the baseline that was used, there was no discernible impact on clinical process or patient experience performance for Medicare beneficiaries....
Speaking of payment initiatives, your host's Population Health Blog (PHB) takes a look at another recent scientific publication that examines how a statewide bundled payment program stumbled. The process was stymied by the usual payer-provider tensions, inadequate information technology, regulatory concerns and difficulties on defining just what makes up an "episode of care." It turns out that getting bundled payment off the ground is far harder than it looks....
Getting health insurance between jobs should be easy, but it's not. Louise over the Colorado Health Insurance Insider cuts through the noise of Obamacare and the individual market by offering up some useful insights, including the definition of a "qualifying event," the 60-day rule and the option of using Medicaid to trigger a qualifying event to navigate the 60-day rule....
The next host of the Cavalcade of Risk is Paul Dzielinski. The PHB is looking forward to his hosting debut!
Knowing how busy readers are, this particular edition wanted to focus on the "bottom line" of each entry. The most important insight is at the end of each paragraph.....
Enjoy!
Auto
Wondering if that non-performing capital assessment called a "parked car" can be addressed by "peer-to-peer car sharing?' Well, if you think you can grab a portion of Hertz's market share by renting that car, you may want to pause and think about what your automobile insurance has to say about it. Hank Stern over at the Insure Blog points out that a wreck may not be covered leaving you personally responsible for another party's injuries....
Workers Comp
Did you know that employers can be arbitrary, hostile and vindictive? That employees can be sullen, suspicious and uncooperative? Toss in a significant job injury, and you've got is what AMAXX Blog writer Michael Stack describes as an unwritten part of a workers compensation adjuster's job description: being a peacemaker. Employees ultimately do better if they get to work sooner rather than later, and bosses do better they step back and let the workers comp adjuster deal with any possibility of malingering....
Data Privacy
After Target and eBay, your company's (or, come to think about it, government's) databases may not only be next, that possibility is greater than you realize. RJ Weiss at the Weiss Insurance Agencies does readers a service by summarizing some of the numbers around the risk of data breaches, including a cost of $195 to $246 per record, an average loss of 2.8% of customers and that having strong preventive measures in place can reduce your cost by $8.98 per record. Important sources of break-ins include those portable devices and sloppy third parties....
Health Insurance
We'd all like to think that hospitals are working hard to reduce costs and increase quality thanks to the government's value-based purchasing initiative. Jason Shafrin of the Healthcare Economist summarizes a recent peer-reviewed publication on the topic and the bottom line answer is "not exactly." While results may be more a function of the baseline that was used, there was no discernible impact on clinical process or patient experience performance for Medicare beneficiaries....
Speaking of payment initiatives, your host's Population Health Blog (PHB) takes a look at another recent scientific publication that examines how a statewide bundled payment program stumbled. The process was stymied by the usual payer-provider tensions, inadequate information technology, regulatory concerns and difficulties on defining just what makes up an "episode of care." It turns out that getting bundled payment off the ground is far harder than it looks....
Getting health insurance between jobs should be easy, but it's not. Louise over the Colorado Health Insurance Insider cuts through the noise of Obamacare and the individual market by offering up some useful insights, including the definition of a "qualifying event," the 60-day rule and the option of using Medicaid to trigger a qualifying event to navigate the 60-day rule....
The next host of the Cavalcade of Risk is Paul Dzielinski. The PHB is looking forward to his hosting debut!
The Latest Cavalcade of Risk Is Up!
Rebecca Shafer hosts the Cavalcade's round-up of risk-related posts. A wide variety of topics, including Wounded Warriors, venture capitalists, Aristotle, enterprise risk management and risk adjustment await your reading pleasure.
Enjoy!
Enjoy!
The Latest Cavalcade of Risk Is Up!
The latest Cavalcade of Risk is up at Jason Shafrin's Healthcare Economist. As usual, the contributing writer-bloggers have done an outstanding job of examining the latest thinking surrounding the art and science of business and insurance risk.
Jason has an additional insight to share:
According to FindMyMarathon.com, in 2015, there were 658 marathons in the U.S. and Canada. Thus, the probability of a bombing of a randomly selected marathon in the U.S. or Canada is about 0.2% if one assumes one bombing per year.
The Chicago Tribune reports that 100 people were injured and 3 people died. In 2015, 528,375 individuals finished a marathon. Thus, the probability of being injured at a marathon due to a bombing is 0.02% and the probability of being killed is 0.0006% or fewer than 1 in every 150,000 individuals.
About 1 in 100,000 marathon finishers die during or in the 24 hours immediately after a marathon, according to The New York Times. Thus, marathoners are at higher risk of dying of a heart attack after a marathon than from a terrorist attack.
Jason has an additional insight to share:
According to FindMyMarathon.com, in 2015, there were 658 marathons in the U.S. and Canada. Thus, the probability of a bombing of a randomly selected marathon in the U.S. or Canada is about 0.2% if one assumes one bombing per year.
The Chicago Tribune reports that 100 people were injured and 3 people died. In 2015, 528,375 individuals finished a marathon. Thus, the probability of being injured at a marathon due to a bombing is 0.02% and the probability of being killed is 0.0006% or fewer than 1 in every 150,000 individuals.
About 1 in 100,000 marathon finishers die during or in the 24 hours immediately after a marathon, according to The New York Times. Thus, marathoners are at higher risk of dying of a heart attack after a marathon than from a terrorist attack.
Cavalcade of Risk #155
Welcome to the Disease Management Care Blog's hosting of this 155th Edition of the Cavalcade of Risk.
If this is your first visit to a Cavalcade, think of it as a linked collection of the latest observations from a variety of blog authors on the broad topics of insurance and business risk. Since the DMCB frequently examines health insurance, it couldn't turn down the chance to be this edition's host.
And without further ado......
Are you interested in the intersection between insurance concepts and actuarial mathematics? Here's you chance to find out if that's just a passing fancy or the real thing when you read the Healthcare Economist Blog's review of an academic paper on the pernicious asymmetry of "private information" in the individual health insurance market. While the MIT analysis may explain the uninsurability of some persons, the DMCB has gotten a new appreciation of the unreadability of the actuarial literature.
In contrast, the PT Money Blog provides a very readable posting on an informal survey conducted by the PTMB of some other finance-writer-bloggers about the wisdom of buying long term disability insurance. It turns out that cheap disability insurance is typically available through employer arrangements or trade associations, while individual policies are unaffordable. Yet, those who are lucky to get the insurance would be well advised to read the small print to determine if the long-term pay-outs are indexed to inflation. The DMCB was interested to see that some of the survey respondents were interested in insuring their blogging income. In response, the DMCB spouse points out that it's time to reconsider the DMCB's resistance to revenue-producing ads, pop-ups, faux surveys, endorsements, product placements and promotions.
What happens when an insurance expert's house burns down? Well, one thing Marcus Cree does is write about it in the Risk Management Monitor Blog. It turns out that managing a home fire involves risk assessment prior, using the contingency planning during and mitigating the effects after the tragedy. It also involves blogging about risk assessment, contingency planning and mitigation and then making the DMCB blog about the blogging about risk assessment, contingency planning and mitigation instead of checking its smoke detectors. Ironic? You be the judge, because instead of reading this, you could be checking....
And what happens when a smart blogger reads about health status and smart phones? David Williams over at the Health Business Blog shows that readers should be creeped out by the ability of advertisers to correlate their location and network use to come up with some surprising insights about their personal behaviors. The DMCB asks if advertisers can do this, what could happen when health insurers offer free cell phones to their insureds? What's more, if you're reading this on your hand held device, should nosey third parties conclude that you are uncommonly smart and send you a Groupon offer for half off on a subscription to an actuarial journal? The DMCB says the answer is yes.
And what happens when a finance professional reads about the awful long term effects of repeated head trauma? Well, it seems they blog about that too. My Wealth Builder played high school and college football for eight years and blogs about his worry that some underlying brain damage may eventually catch up with him. The DMCB is happy to report that its approach to avoiding football-related head injuries has been to give the football during any game to whoever wanted it. In retrospect, that was a savvy risk mitigation strategy, even if it meant being banished to the chess club.
If you have mortgage life insurance, you may want to rethink the wisdom of paying that premium, says the Boomer and Echo Blog. That's because that class of insurers has a reputation for denying claims and continue to charge the same premium even as the mortgage amount declines. B&E points out that simple term insurance can cover the mortgage and more for a smaller premium. Which makes the DMCB ask: Where was this sense of responsibility before the mortgage meltdown?
Are you eating your veggies? Louise of the Colorado Health Insurance Insider ponders the risks of not having a proper produce stand close by and wonders if our calorie dense lifestyle is the real culprit behind our spiraling health care costs. Be forewarned, however, because the answer may involve a veggie with awfulness that is only exceeded by the turnip: brussel sprouts. Now that is risk that the DMCB would willingly pay to have transferred.
Russell Hutchinson of the Chatswood Moneyblog writes on how good direct channels can help to increase the total size of the market by reducing barriers to entry for buyers that need low prices points, ease of access, and channels they can control. This increases access to entry level products that they then trade-up when they subsequently consult financial advisers.
Many readers have heard about the Jet Blue pilot who loudly and bizarrely acted out after his alarmed co-pilots barricaded the cockpit. Jon Coppelman of the Workers Comp Insider Blog examines the policy implications of trying to minimize the impact of mental illness, meeting the expectations of a flying public and doing right by the individual patient. The DMCB will be flying tomorrow and will also try to do right by resisting the temptation to roll its eyes at passengers with no hope of fitting their large bag in that small overhead space or jab that annoying neighbor who is hogging the arm rest. Otherwise it might also act out. You've been warned.
Last but not least, for an example of the DMCB's bloggery, check out this post on the hazards for small physician practices that enter into risk contracts. Without a sufficiently large base of patients, they can run afoul of the "law of large numbers." Insurers know this and are understandably reluctant to let a small practice become financially crippled, even if it is a medical home.
The next Cav of Risk host will be the Free Money Finance Blog.
If this is your first visit to a Cavalcade, think of it as a linked collection of the latest observations from a variety of blog authors on the broad topics of insurance and business risk. Since the DMCB frequently examines health insurance, it couldn't turn down the chance to be this edition's host.
And without further ado......
Are you interested in the intersection between insurance concepts and actuarial mathematics? Here's you chance to find out if that's just a passing fancy or the real thing when you read the Healthcare Economist Blog's review of an academic paper on the pernicious asymmetry of "private information" in the individual health insurance market. While the MIT analysis may explain the uninsurability of some persons, the DMCB has gotten a new appreciation of the unreadability of the actuarial literature.
In contrast, the PT Money Blog provides a very readable posting on an informal survey conducted by the PTMB of some other finance-writer-bloggers about the wisdom of buying long term disability insurance. It turns out that cheap disability insurance is typically available through employer arrangements or trade associations, while individual policies are unaffordable. Yet, those who are lucky to get the insurance would be well advised to read the small print to determine if the long-term pay-outs are indexed to inflation. The DMCB was interested to see that some of the survey respondents were interested in insuring their blogging income. In response, the DMCB spouse points out that it's time to reconsider the DMCB's resistance to revenue-producing ads, pop-ups, faux surveys, endorsements, product placements and promotions.
What happens when an insurance expert's house burns down? Well, one thing Marcus Cree does is write about it in the Risk Management Monitor Blog. It turns out that managing a home fire involves risk assessment prior, using the contingency planning during and mitigating the effects after the tragedy. It also involves blogging about risk assessment, contingency planning and mitigation and then making the DMCB blog about the blogging about risk assessment, contingency planning and mitigation instead of checking its smoke detectors. Ironic? You be the judge, because instead of reading this, you could be checking....
And what happens when a smart blogger reads about health status and smart phones? David Williams over at the Health Business Blog shows that readers should be creeped out by the ability of advertisers to correlate their location and network use to come up with some surprising insights about their personal behaviors. The DMCB asks if advertisers can do this, what could happen when health insurers offer free cell phones to their insureds? What's more, if you're reading this on your hand held device, should nosey third parties conclude that you are uncommonly smart and send you a Groupon offer for half off on a subscription to an actuarial journal? The DMCB says the answer is yes.
And what happens when a finance professional reads about the awful long term effects of repeated head trauma? Well, it seems they blog about that too. My Wealth Builder played high school and college football for eight years and blogs about his worry that some underlying brain damage may eventually catch up with him. The DMCB is happy to report that its approach to avoiding football-related head injuries has been to give the football during any game to whoever wanted it. In retrospect, that was a savvy risk mitigation strategy, even if it meant being banished to the chess club.
If you have mortgage life insurance, you may want to rethink the wisdom of paying that premium, says the Boomer and Echo Blog. That's because that class of insurers has a reputation for denying claims and continue to charge the same premium even as the mortgage amount declines. B&E points out that simple term insurance can cover the mortgage and more for a smaller premium. Which makes the DMCB ask: Where was this sense of responsibility before the mortgage meltdown?
Are you eating your veggies? Louise of the Colorado Health Insurance Insider ponders the risks of not having a proper produce stand close by and wonders if our calorie dense lifestyle is the real culprit behind our spiraling health care costs. Be forewarned, however, because the answer may involve a veggie with awfulness that is only exceeded by the turnip: brussel sprouts. Now that is risk that the DMCB would willingly pay to have transferred.
Russell Hutchinson of the Chatswood Moneyblog writes on how good direct channels can help to increase the total size of the market by reducing barriers to entry for buyers that need low prices points, ease of access, and channels they can control. This increases access to entry level products that they then trade-up when they subsequently consult financial advisers.
Many readers have heard about the Jet Blue pilot who loudly and bizarrely acted out after his alarmed co-pilots barricaded the cockpit. Jon Coppelman of the Workers Comp Insider Blog examines the policy implications of trying to minimize the impact of mental illness, meeting the expectations of a flying public and doing right by the individual patient. The DMCB will be flying tomorrow and will also try to do right by resisting the temptation to roll its eyes at passengers with no hope of fitting their large bag in that small overhead space or jab that annoying neighbor who is hogging the arm rest. Otherwise it might also act out. You've been warned.
Last but not least, for an example of the DMCB's bloggery, check out this post on the hazards for small physician practices that enter into risk contracts. Without a sufficiently large base of patients, they can run afoul of the "law of large numbers." Insurers know this and are understandably reluctant to let a small practice become financially crippled, even if it is a medical home.
The next Cav of Risk host will be the Free Money Finance Blog.
The Latest Cavalcade of Risk is Up
While we ponder Wisconsin's chances against Syracuse in the Sweet 16, Jason Shafrin of the Health Care Economist Blog has won with the latest version of the Cavalcade of Risk. The DMCB is pleased that its amateur posting made it past Jason's scrutiny.
You'll be pleased with all the links to insights and news about business-related risk that you wont' get anywhere else.
You'll be pleased with all the links to insights and news about business-related risk that you wont' get anywhere else.
The Latest Cavalcade of Risk is Up!
The latest Cavalcade of Risk is up at David Williams' Health Business Blog. Dave has summarized and linked the web sites of writers with insights about personal, business, insurance and enterprise risk. This particular edition is heavy on health policy, which makes it doubly interesting.
Worth a look here.
Enjoy!
Worth a look here.
Enjoy!
The Latest Cavalcade of Risk Is Up!
If you like crossword puzzles, you'll really like the latest Cavalcade of Risk. This is a collection of recent blog posts that, in the opinion of the host blogger, deserves special attention. In this edition, Van Mayhall of the Insurance Regulatory Law blog summarizes, links and puzzles through some interesting topics in health insurance, life insurance, banking, health risk assessments and insurance regulation. If you're paying attention, you can even try completing the crossword puzzle.
Hint on 6 down: Shakespeare penned a famous quote on killing them all.
Enjoy!
Hint on 6 down: Shakespeare penned a famous quote on killing them all.
Enjoy!
The Latest Cavalcade of Risk Is Up!
The latest Cavalcade of Risk happens over at Lynch Ryan' Worker's Comp Insider. Light bulbs, threats to health worker safety, coming costs for individual health insurance, the regulatory environment, claims management and the details behind life insurance are among the many interesting topics for your risky reading pleasure.
Enjoy!
Enjoy!
The Latest Cavalcade of Risk Is Up!
In an apologetic fit of better-late-than-never, the Disease Management Care Blog announces that the latest Cavalcade of Risk is up. Its themed after the Mayan non-apocalypse and has a number of links that take you to bloggery on topics that range from restraint of trade to health insurance exchanges to genetic testing to worker's comp. There is something for everyone interested in business and insurance risk.
Enjoy!
