March 20, 2018

WorkCompRecap: Looking Lower!

Today’s issue of WorkCompRecap features the release of a new edition of WCRI’s CompScope Medical Benchmarks that found that costs per claim in Michigan were lower than that of the typical state, with average claim size falling from 2008-2011, while the typical study state’s claim costs rose 8% over the same period.

Key findings included that indemnity benefits per claim decreased 12%, benefit delivery expenses per claim decreased 5%, and the average medical payment per claim rose 9%, all coming in below the median for study states. WCRI also noted Michigan’s 2011 enactment of Public Act 266, which was aimed at reducing costs, pointing out that while it applied to injuries on/after December 19, 2011, study claims may have also been affected by prior Supreme Court decisions.

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