Today’s issue of WorkCompRecap features NCCI’s release of its first research report with insights on the medical component of 2020 workers’ comp claim activity, including COVID-19 claims.
NCCI noted that it is working in several ways to better understand the impacts of the pandemic, including monitoring several medical data-related metrics developed to provide insight into the effect of COVID-19 on several aspects of the medical system as it relates to workers’ comp. The report shares some of the aggregated-multi-state results for Q1 & Q2. Key findings included that hospitalization and intensive care unit (ICU) treatment are key cost indicators of COVID-19 claims; overall active claim volume decreased during 2Q20; telemedicine use increased in 2Q20, to varying degrees across states; and drug share of medical costs took an upward turn, in part driven by increased utilization of opioids
Find out more (including a link to the free report!) by clicking here!