medical costs News

Insurers Urged to Be Cautious When Seeking Recovery of Paradigm Fees

Paradigm Catastrophic Care Management offers what insurers crave: certainty in medical costs for workers’ compensation claims filed by catastrophically injured workers. For a set fee, the California company’s Catastrophic Care Management division will take over liability for all treatment costs …

WCRI: Texas Workers’ Comp Medical Costs Per Claim Down Since 2014

Medical payments per workers’ compensation claim in Texas decreased from 2014 to 2016 for claims with more than seven days of lost time, evaluated as of 2017. This followed several years of increasing medical costs, according to a recent study …

WCRI: Provider Choice Increases Back Injury-Related Workers’ Comp Costs

A new study released by Mass.-based Workers Compensation Research Institute outlines the effect of provider choice policies on workers’ compensation costs. The study reviews the relationship between workers’ compensation costs and provider choice laws. Data on workers’ comp injuries that …

Delaware Panel Recommends Reducing Workers’ Comp Medical Costs

A state panel established to address recent rate increases for workers’ compensation insurance in Delaware is recommending that medical costs be trimmed by 33 percent over the next three years. The Workers’ Compensation Task Force voted Friday to recommend that …

Hospital Outpatient Costs Key Driver of Injured Worker Medical Costs in Louisiana

Payments per claim for the medical care of injured workers in Louisiana were higher and growing faster than in most states, according to a 16-state study by the Cambridge-based Workers Compensation Research Institute (WCRI). The WCRI study, CompScope Medical Benchmarks …

Indiana Injured Worker Medical Costs Rising: WCRI

The costs per claim of medical care for injured workers in Indiana were higher than most states and growing faster, according to a new 16-state report from the Workers Compensation Research Institute (WCRI). The study, CompScopeMedical Benchmarks for Indiana 14th …

Medical Costs Per Claim For Injured Workers In Virginia Higher Than Most States

The cost per claim for medical care for injured workers in Virginia was higher than in most states and growing faster, according to a new study, Benchmarks for Virginia, CompScope 13th Edition, by the Workers Compensation Research Institute (WCRI). “The …