Dr. Michael Choo and Scott Goll spoke on Workers’ Compensation Mega Losses at NCCI’s 30th Annual Issues Symposium.
At the 2018 NCCI Annual Issues Symposium, Dr. Michael Choo and Scott Goll from Paradigm Outcomes discussed trends in mega losses (defined as claims with total incurred greater than $1 million). The types of claims Paradigm sees are catastrophic injuries, including spinal cord, brain injuries, multiple amputations and severe burns. They receive over 1,000 claims per year with an average total projected medical incurred of over $3 million. The range is high with some claims having medical costs up toward $20 million…
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https://www.workerscompensation.com/news_read.php?id=29453&type=7