Medical Price Index Shows Increases in Workers’ Comp and Auto Injury Services Costs
Physician charges per unit increased by 11% nationally for worker’s compensation from the first quarter of 2020 through the first quarter of 2023, a new report shows.
Enlyte’s latest Quarterly Medical Price Index Report delves into first- and third-party auto and workers’ comp claims using data from the top 200 billing procedures in professional services.
The report shows Texas and California had the largest increases with 11% increase in charges for medical services. New York had a 3% increase in charge per unit spurred by the increase in fee schedule changes, according to the report.
In first-party claims, New York, Michigan, New Jersey, and Florida saw noteworthy changes in charge severity, the report shows.
San Diego, California-based Enlyte is the parent company of Mitchell, Genex and Coventry, providers of cost-containment technology, provider and specialty networks, case management services, pharmacy benefit and disability management services.
- Invisalign Maker Reaches $27.5M Settlement of Consumer Antitrust Lawsuit
- Underwriters Wary of PFAS Amid ‘Superstorm’ of Litigation, Regulation
- Oregon Hospital Hit With $303M Suit After Nurse Accused of Replacing Fentanyl With Tap Water
- NYC Cab Crash Sends Rider on ‘Nightmare’ to Get Insurance Money