While bracing for the worst, property and casualty carriers with big medical components in their loss costs—particularly those covering workers’ compensation—might actually have good reason to hope for the best when the health insurance reform law, better known as “Obamacare,” is fully implemented.

Most of the buzz about the Patient Protection and Affordable Care Act (PPACA) has understandably revolved around its likely impact on the operation of health-insurance carriers. But not nearly enough attention is being paid to the law’s potential effects on the other side of the industry.

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