Wednesday, January 9, 2013

Welcome to the 174th Cavalcade of Risk

I am honored to be once again hosting the Cavalcade of Risk, a roundup of risk posts from around the blogosphere.

I'm nicknaming this cavalcade the Cavalcade of Risk of Risk, in honor the many posts that discuss how an obvious risk (drunk-driving, getting sick) leads to a different sort of risk (personal financial disaster; having your medical records kidnapped.)

Risks from healthcare

You’re probably aware of the risks of identity theft, but were you aware that medical ID theft is a crime that’s on the rise?  That medical records have been held for ransom? Julie Ferguson of Workers’ Comp Insider offers insight in her post “Storm Clouds Ahead: Hackers, Healthcare Data and Medical ID Theft”

Risks to life insurance rates from asthma
Jeff Root posts at Root Financial & Insurance Services about how asthma may or may not affect life insurance rates. 

Risks to life from holding it in

Fearless leader of the Cavalcade of Risk Hank Stern posts at InsureBlog that failure to express anger "can have serious repercussions for a person's physical and mental wellbeing." 

Financial risk from drunk driving

Emily Guy Birken writes at PTMoney about the cost of an arrest and prosecution for drunk-driving. 

Risks from workplace injuries

At the Workers Comp Resource Center, Michael Stack provides five tips for avoiding or minimizing injuries and, thus, avoiding or minimizing workers compensation claims.

Risks from natural disasters

At Risk Management Monitor, Emily Holbrook posts about the largest natural hazard risks of 2012.  She concludes, "As we’ve seen with the natural catastrophes of 2012, it is important for insurers, homeowners and businesses to develop a more comprehensive evaluation of risk — one that includes typically non-traditional locations."
Risks of misdirected risk prevention

David Williams at Healthcare Economist has a promising title to his blog post, "Mental health access is no substitute for gun control."  He points out that two of the recent mass shooters had good access to mental health treatment.  But he doesn't go to the next step in his article:  Improving mental health treatment in this country, while an admirable goal, will not go as far in improving safety as improving gun control will.

Risk of risk management not working

In the most surprising post of the day, Jason Shifrin writes at Healthcare Economist that disease management programs don't work.  He discusses a study showing that states that have implemented diabetic disease management programs do not have lower rates of hospital admissions than states that do not have such a program.  I'm not looking at the source material or analyzing the statistics; suffice it to say that I remain lazy but skeptical. 

Managing the risk of not being able to afford health insurance

Rather than pointing out that Obamacare will make affordable health insurance available to many people of limited resources, at Christian Personal Finance Joe Plemon lists alternative methods of obtaining insurance.   One option he discusses is religious-based organizations that pool resources for health care.  As I wrote here, the concept behind those organizations is insurance at its most basic. 

Thanks everyone.  Julie Ferguson at Worker's Comp Insider hosts the next Cavalcade of Risk.