Hospital outpatients costs greater in states with no fee schedules
A new study recently made by the Workers’ Compensation Research Institute titled Hospital Outpatient Cost Index for Workers’ Compensation (Third Edition) showed that hospital outpatient costs are more expensive in states with no fee schedules, WorkersCompensation.com reported on December 11.
The study showed that payments to hospitals for outpatient knee and shoulder surgeries were highest in states that had no fee schedules.
Growth in hospital outpatient payments in non-fee schedule states were, at the very least, 90% higher and at the most 160% higher than in the median fixed-amount fee schedule states in 2012.
Dr. Olesya Fomenko, WCRI economist and co-author of the report, said WCRI has created a tool to help policymakers and business leaders compare hospital outpatient costs among states, take note of principal cost drivers, and assess how reforms are impacting these costs.
If you need legal assistance when it comes to filing or appealing your workers’ compensation benefits in Raleigh, the legal team at Scudder & Hedrick, PLLC, may be able to work on behalf of your interests. Call our offices today at (919) 851-3311 to learn more.