<excerpt> Ahem. Obamacare, formally known as the 2010 Patient Protection and Affordable Care Act, was utterly silent on workers’ compensation insurance. None of its provisions applied to that specialized market. And to the extent it had an indirect effect on workers’ comp, it helped hold down claims and insurance premiums, according to Joe Paduda of Health Strategy Associates, a former insurance execuwho specializes in workers’ comp issues. Since the ACA was fully implemented in 2014, Paduda wrote, the medical trend rates (the annual increase in claims for medical care) in workers’ comp have been historically low, a “strong indication that [the] ACA is a major factor in lower work comp costs.”
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