Today’s edition of WorkCompRecap features the release of the third edition of the Workers’ Compensation Research Institute (WCRI)’s Medical Price Index for Workers’ Compensation (MPI-WC). The MPI-WC is tailored specifically to focus on the medical care that injured workers receive, and allows stakeholders to more accurately understand how prices in their state compare with other states and know if prices in their state are rising rapidly or relatively slowly.
Workers’ Comp stakeholders will also be able to determine whether rapid cost growth in their state is part of a national phenomenon or whether the causes are unique to their state and therefore subject to local management or reform. The MPI-WC tracks medical prices paid in 25 states from calendar year 2002 through June 2010 for non-hospital, non-facility services.
Find out more (including a link to the free report!) by clicking here!