Today’s issue of WorkCompRecap features the release of a new WCRI report that will help stakeholders track the performance of New York’s Workers’ Comp system. It was originally created to track 2007 reforms, and evolved to track performance on a regular basis.
The analysis focuses primarily on trends in indemnity benefits, medical payments, and benefit delivery expenses from 2007 to 2015 for claims at different maturities, and provides interstate data for context. Key findings included indemnity benefits per claim increased 7-11% per year from 2007-2015, mainly reflecting provisions of the 2007 reform and related changes in settlement behavior. Medical payments per claim grew 3-6% per year from 2007-2014 for all providers, but decreased in 2015. There was a decrease in visits per claim for some nonhospital providers after implementation of medical treatment guidelines, and there was little change in prices paid for most nonhospital services since 2002.
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