Workers’ Comp Rule Changes Could Save $27M Annually in North Carolina
New rules setting maximum fees for doctors and hospitals performing medical services for workers injured on the job in North Carolina could save millions of dollars annually.
The state Industrial Commission also said Monday the fee schedules set to begin April 1 and July 1 also should increase medical care access for those injured workers.
The legislature in 2013 mandated the changes to the schedule, which in some areas are based on 20-year-old Medicare reimbursement rates. The commission says the changes generally will result in lower payment rates to hospitals but higher ones to doctors and nurses. One industry study set annual savings at $27 million annually.
The Industrial Commission oversees how injured workers are compensated for lost work and how they receive medical treatment. Employers buy workers’ compensation insurance.
- FBI Investigating Hackers’ Claims of Stealing Employee Data
- Slips, Trips And Falls: Why It’s Important to Get Ahead of An Incident
- Golden Gate Sued Over Insurer’s $2.2 Billion Capital Shortfall
- State Farm Says It’s Adding 3,000 More Jobs in Claims Next Year
- Londoners Find ‘Horrendous’ Cracks in Their Homes After Successive Heat Waves
- Severe Convective Storms: Risk, Field Reality and the Path to Resilience
- The Nation’s Insurance Laboratory: What Liability Trends in California Mean for the Rest of the Country
- The Great Hemp Reset: How the Federal Ban on Intoxicating Hemp Products Will Reshape Risk and Coverage