The average total cost per workers’ compensation claim in Indiana was stable in the years since the state enacted workers’ compensation system reforms, according to a recent Workers Compensation Research Institute (WCRI) study. The study, CompScope Benchmarks for Indiana, 18th …
Two years after the passage of House Bill 1846, the frequency and cost share of physician-dispensed drugs decreased considerably in Pennsylvania in line with the aims of the legislation, according to a new study from the Workers Compensation Research Institute …
The average total cost per workers’ compensation claim in Florida has grown moderately in recent years, according to a recent study by the Workers Compensation Research Institute (WCRI). All of the key components of total costs per claim experienced moderate …
A new FlashReport from the Workers Compensation Research Institute (WCRI) finds that a Texas-like formulary for Louisiana state employees may reduce prescription drug costs by 4 to 28 percent depending on prescribers’ response to the formulary. This would have resulted …
Though the number of physician dispensed prescriptions declined considerably from just a few years ago, the workers’ compensation industry continues to battle an adapting market seeking to maintain high prices by changing drug strength and formulations. The impact of physician …
Value-based contracting (VBC) widely used in the healthcare system is now a hot topic in the workers’ comp industry, according to a Coventry whitepaper released earlier this year. Though widely discussed among industry stakeholders, a common definition for the practice …
With many states making changes to rules governing reimbursement for physician-dispensed pharmaceuticals, the Workers Compensation Research Institute (WCRI) released a study today that sheds a light on the impact of price-focused reforms on the frequency and costs of physician-dispensed prescriptions. …
The average total cost per workers’ compensation claim in Illinois decreased 6.4 percent since 2010, but remained higher than most of the 17 other states, according to a report released last month by the Workers Compensation Research Institute (WCRI). “The …
There is a notable difference in the percentage of workers’ compensation claimants that retained attorneys across 18 state workers’ compensation systems, according to a new report from the Workers Compensation Research Institute (WCRI). According to the study, the percentage of …
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 …