Ep. 119: Kevin Bingham: Battling the Opioid Epidemic – What Workers’ Compensation Insurers are Doing to Help Prevent Opioid Dependency and Addiction

Spot On Insurance - Jul 02, 2019

Kevin Bingham is the Chief Results Officer at Chesapeake Employers Insurance Company, and President and CEO of their wholly owned corporate venture capital subsidiary iCubed Ventures, LLC. He is a renowned public speaker and has published more than 80 articles on important trends impacting the insurance industry.  He has published nine articles on the Opioid Epidemic.  The Opioid Abuse Epidemic – Turning the Tide (2013), Physician Insurer Magazine The Challenging Task of Stemming Opioid Abuse (2014), Inside Medical Liability Magazine 10 Strategies to Combat Rx Abuse Epidemic – An Insurer’s Perspective – Examining TFAH’s Report and Considerations for Insurers (2014) http://www.propertycasualty360.com/2013/12/02/10-strategies-to-combat-the-rx-abuse-epidemic---an?t=workers-compensation    Winning the War Against Opioid Addiction (2014) http://www.insurancethoughtleadership.com/articles/winning-the-war-against-opioid-addiction-and-abuse#axzz2wawEw0P1   The Challenging Task of Stemming Opioid Abuse (2014) – A Call to Action: Educate Everyone, Inside Medical Liability Magazine online extra How to Help Reverse the Opioid Epidemic (2016) http://insurancethoughtleadership.com/how-to-reverse-the-opioid-epidemic/   Article and Podcast – Facing the Opioid Epidemic – An Ecosystem Approach to a Wicked Problem (2017), Deloitte University Press https://dupress.deloitte.com/dup-us-en/multimedia/podcasts/fighting-opioid-crisis-heroin-abuse-ecosystem-approach.html   Physician & Patient Communications - An Important Step Before Writing That Opioid Script (2017), BenefitsPro http://www.benefitspro.com/2017/05/31/patient-physician-risk-communications-an-importan    Non-Opioid Treatment Alternatives – Avoiding Dependency & Addiction (2017), Claims Magazine http://www.propertycasualty360.com/2017/08/08/non-opioid-treatment-alternatives?page=2&slreturn=1502457888&page He is an Associate of the Casualty Actuarial Society (ACAS), a Member of the American Academy of Actuaries (MAAA) and is a Certified Specialist in Predictive Analytics (CSPA). Additionally, he is a AAA volunteer, CAS volunteer, and an Advisory Board Member and MPL Conference Chair of ExecSummit. Kevin joins us today to share how workers’ compensation insurers are making a difference in helping prevent opioid dependency and addiction.  He provides some background on the history of the opioid epidemic, where leaders have helped to change the perception around opioid use, what some workers’ compensation insurers are doing to drive positive change, the impact of addiction on employers and employees, and some helpful hints to leverage in your daily efforts to help injured workers, friends and loved ones beat this epidemic.    “America currently has 5% of the world’s population but we consume about 80% of the Opioid supply, and if you go to some of the more carved out drugs we consume about 99% ”  – Kevin Bingham Today on Spot On Insurance: Kevin’s background and how he developed a passion for winning the war against opioid addiction and dependency. The difference between stimulants, opiates and tranquilizers, and how that fits into the Federal Controlled Substances Act (Schedule I – IV). Impactful stories of how opioids have impacted people all around us – positive and not so positive. The history of the five vital signs and how the 5th vital sign of pain came about. How workers’ compensation insurers are addressing the opioid epidemic to significantly lower opioid usage and medical spend. The impact of opioid addiction on employers and the struggles they are facing hiring drug-free workers. Tips for fighting the opioid epidemic   Kevin’s recommended websites: CDC website (https://www.cdc.gov/drugoverdose/index.html) CDC guidelines (https://www.cdc.gov/drugoverdose/prescribing/guideline.html) Common elements in guidelines for prescribing opioids for common pain (https://www.cdc.gov/drugoverdose/pdf/common_elements_in_guidelines_for_prescribing_opioids-a.pdf) CDC nonopioid treatment for chronic pain flyer (https://www.cdc.gov/drugoverdose/pdf/nonopioid_treatments-a.pdf) NCHS data visualization pilot which allows you to drill down to the state and county level on overdose deaths per 100,000 (https://blogs.cdc.gov/nchs-data-visualization/drug-poisoning-mortality/) 2015 MA Governor’s Opioid Working Group Report (https://www.mass.gov/files/documents/2016/07/vb/recommendations-of-the-governors-opioid-working-group.pdf) Brandeis University PDMP center of excellence (http://www.pdmpassist.org/) Stamp out the stigma website (http://stampoutstigma.com/pledge.html) Oregon Narcan training video (https://www.oregon.gov/oha/ph/ProviderPartnerResources/EMSTraumaSystems/Pages/epi-protocol-training.aspx) Chesapeake Employers’ Insurance Company opioid kit (https://www.ceiwc.com/safety-university/Special%20Programs/index.html) Kevin’s recommended APPs: Substance Abuse and Mental Health Services MAT APP (SAMHSA) –  Medication Assisted Treatment (MAT) education, 355 page book on MAT SAMHSA Treatment Locator APP – Location based treatment locator providing facility information (e.g., location, type of care, treatment approaches, etc.)  Connect with Kevin Bingham: www.ceiwc.com Email: [email protected] linkedin.com/in/kevin-bingham-5578521 Kevin Bingham, ACAS, CSPA, MAAA Chief of Results for Subsidiary Initiatives Chesapeake Employers’ Insurance Company Your workers’ compensation specialist 8722 Loch Raven Blvd. Towson, MD 21286-2235 P 410-494-2371 [email protected] www.ceiwc.com This episode was brought to you by….. Insurance Licensing Services of America (ILSA), America’s Premier Insurance Compliance and Licensing experts. To learn more about ILSA and their services, visit ILSAinc.com. Connect, Learn, Share Thank you for joining us on this week’s episode of Spot On Insurance. For more resources and episodes, visit SpotOnInsurance.com. Subscribe so you never miss an episode. Love what you’re learning, Spot Light your review on iTunes and share your favorite episodes with friends and colleagues!

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