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Friday, June 28, 2013

Md. Employers Getting Good Deal On Hospital Payments For Injured Workers Compared to Va., Pa.

Maryland employers who pay workers compensation benefits for employees are getting a good deal on their hospital coverage compared to their counterparts in Virginia and Pennsylvania, a new report shows. They are paying about the same amount as group health insurers for common workplace surgeries.

The workers compensation payment scale in Maryland greatly outperformed Virginia and Pennsylvania, where private group insurers paid significantly less for shoulder surgeries and surgery-related costs such as operating rooms and medications than their employer counterparts.

The Massachusetts-based Workers Compensation Research Institute (WCRI) just published a study that showed that Maryland workers’ compensation payments –the amount administered by the state government and paid for by employers–were only 3% above what private health insurers paid for common shoulder surgeries and 5% above for knee surgeries. (The study itself is proprietary, and can be purchased from the institute.)

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2 comments:

Anonymous said...

Wow, a plus for Maryland what you haters have to say?

Anonymous said...

Workers Compensation is only as expensive as it is due to constant fraudulent and abusive claims. There should be a division to prosecute these cases within the system. Employers pay for way too many people who take advantage of the system, unfortunately. It is good for those who through no fault are injured and need medical treatment and compensation. It could be better for everyone involved. Just like most everything today. A few make things worse for others trying to get something for nothing.