March 20, 2018

WorkCompRecap: New WCRI Report!

Today’s issue of WorkCompRecap features the release of a new report from WCRI on the ongoing effects of workers’ compensation reforms enacted in New York in 2007, including which objectives have been achieved and missed, as well as unintended consequences.

Key findings included that implementation of and changes to the pharmaceutical fee schedule decreased the average price per pill by 10-20%, and that average weekly temporary total disability benefits increased 26% after three implementations from 2007-2009. The report also pointed out that the changes have various effective dates and have been instituted over time, so it will be several more years before the full effects of the reforms will be realized.

Find out more by clicking here!

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