Why Have Work Comp Medical Costs Moderated Over The Last 5 Years?

by | May 16, 2019 | News, Workers Comp, Workers' Compensation Insurance

Medical costs for work comp accidents have moderated in the last 10 years and especially over the last 5 years. Why has this happened? The big factors that have led to this trend are:

  1. Government (medicaid) mandated fee schedules for physicians services.
  2. Government mandated pharmaceutical prices.
  3. Employers today mostly use in network physicians

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Sincerely
David Schek
President
StaffingCompSolutions.com