My article on workers’ compensation predictive modeling was just posted by Contingencies, the magazine of the American Academy of Actuaries (http://www.contingenciesonline.com/contingenciesonline/201205#pg37.)
It demonstrates how predictive modeling is changing everything from how policies are being written to how it can help injured workers receive the care they deserve after a work-related injury or occupational illness.
Personally, I am excited about the topic, which is why I suggested it. My special thanks go to Curtis Gary Dean, professor at Ball State University, Peter Wu of Deloitte Consulting, Brian Stoll of Towers Watson, Rong Yi of Milliman and Janine Johnson of Insurance Services Office Inc. Without their consistent availability, the article could not have been written!
Predictive modeling is the wave of the future in workers’ compensation! Ultimately, predictive modeling will affect our lives in various ways. Please check it out! Thanks! — Annmarie