Podcasts & Blogs
Featuring emerging issues impacting the public risk management community, listen and read these resources to remain cognizant of best practices in the profession!
PRIMA Podcasts are available on iTunes!
It may seem counter-intuitive, but going to a good doctor costs less overall than going to a bad one. 30% of healthcare costs are due to poor or ineffective care and good doctors wring out those excess costs.
But how do we find the best doctors?
Sometimes we only look that far because of a lack of imagination. Other times incentives are misaligned. Or when change comes at us too quickly. We also often only look one step in because considering more steps is difficult or impossible. The attempt to go beyond those problems is sometimes called “second-order thinking.”
Don’t tell the guys behind the actuarial tables, but managing risk is as much an art as it is a science. It’s also an art made easier because of science. By using a safety program to pinpoint risk, entities can improve driver retention and other factors along the way.
From a legal standpoint, it’s valuable to distinguish a class action lawsuit from traditional lawsuits. For your organization, the difference in cost between a traditional lawsuit and a class action lawsuit can be hundreds of thousands dollars, and the difference in preparation requires another extensive layer to coordinate your defense.
Now, more than ever, the world is examining how companies treat their employees in times of crisis. By providing your employees with a process and plan to address COVID-19 and possible exposures, you’re caring for both your organization and your workforce.