Although workers’ compensation results remain strong—and the line continues to outperform all other commercial insurance lines—worries about continued soft pricing and loss reserve levels for workers’ compensation specialists prompted a rating agency warning recently. “As rate levels continue to decline, …
Workers’ compensation medical costs vary widely among the states both in terms of price and how often services are used. The differences appear to relate closely to which cost-drivers each state legislature tried to control and which were overlooked, according …
Prices paid for medical professional services vary significantly across states, ranging from 26 percent below the median in Florida to 158 percent above median in Wisconsin, according to a 35-state study. States with no fee schedules for professional services had …
Cost savings, better access to care, immediate triaging of injuries and faster claims closings are just some of the benefits of telemedicine, according to workers’ compensation experts, who also say its use is growing. Telemedicine could potentially deliver more than …
If a worker in New Hampshire gets hurt on the job, an anesthetic injection can cost $763 under a workers’ compensation claim, compared to $298 for non-work related injuries. Surgical treatment for tendinitis in the shoulder costs about $2,200 if …
A governor’s commission aimed at addressing New Hampshire’s high workers’ compensation costs recommended no significant changes to state laws in a new report and instead suggested gathering more data and continuing to study the issue. A minority of the committee …
New Hampshire Gov. Maggie Hassan has issued an executive order creating a new commission to recommend ways to reduce the state’s workers’ compensation medical costs. The new commission, called the Commission to Recommend Reforms to Reduce Workers’ Compensation Medical Costs, …
In the world of workers’ compensation, the fees charged by the health care community are significantly more expensive on average in New Hampshire than in other states, according to the New Hampshire insurance department. “Medical costs in New Hampshire have …
