Today’s issue of WorkCompRecap features the release of a new report from NCCI that examines the impact of Medical Provider Networks on workers’ comp claim costs for 10 common injuries by comparing both medical and indemnity costs for claims managed in-network vs out-of-network. Key findings included that average paid medical costs are actually higher in-network for more costly back and shoulder injuries and lower for several less costly injuries. With the exception of more costly back injuries, in-network claims were found to be less likely to be admitted to a hospital; cost less for hospital outpatient services; and cost more for physician services.
Find out more (including a link to the free report!) by clicking here!
Also worth highlighting today is Kids’ Chance of California’s release of its 2019-20 Annual Report, which shows the non-profit had a record breaking year in spite of the COVID-19 pandemic. The report was published as part of Kids’ Chance Awareness Week, highlighting its mission to provide educational scholarships to the children of injured workers. Find out more by clicking here!