medical price index News

WCRI Releases New Edition of Its Medical Price Index for Workers’ Compensation

Cambridge-based Workers Compensation Research Institute released the sixth edition of its annual Medical Price Index for Workers’ Compensation (MPI-WC). The MPI-WC, like the Consumer Price Index for medical care (CPI-M), measures price inflation. It tracks the actual medical prices paid …

WCRI Studies Link Fee Schedules to Lower Payments

States that do not a have fee schedule in place are likely to pay more for workers’ compensation-related medical services, according to two Workers Compensation Research Institute (WCRI) studies that analyzed the medical price index, prices paid for professional services, …