Increases in Medicare from the year 2017 to this time now in 2024 drive up workers’ compensation costs By Lonce Lamonte - November 21, 2024
The California Workers’ Compensation Institute (the CWCI) reported early this week that the percentage of Medicare for professional services increased a little more than 17 percent from 2017 to right now in 2024.
The Official Medical Fee Schedule (OMFS) conversion factor thus increased a little more than 17 per cent.
This drove up the cost to treat injured workers.
Each section of the fee schedule uses rules to calculate payment and different inflation factors to update reimbursement rates under California’s workers’ compensation system.
Medicare increases from 2017-24 drive comp costs in California: report: Business InsuranceNovember 19, 2024The California Workers’ Compensation Institute on Monday reported that the Official Medical Fee Schedule conversion factor as a percentage of Medicare for professional services increased a little more than 17% from 2017 to 2024, driving up the cost to treat injured workers.
California Division of Workers' Compensation Posts Adjustments to Official Medical Fee Schedule Inpatient Hospital Section to Conform to Medicare Changes By Lonce Lamonte, adjustercom editor using DWC Newsline's News Release November 4th 2024 - November 4, 2024
The Division of Workers’ Compensation (DWC) has posted an adjustment to the inpatient hospital section of the Offi...
Division of Workers' Compensation Posts Updated DWC Form 7 (Notice to Employees - Injuries Caused by Work) By Lonce Lamonte, adjustercom editor using DWC Newsline's News Release Dated October 31st 2024 - October 31, 2024
The Division of Workers’ Compensation (DWC) has posted an upda...
AmTrust’s report says common injuries like cuts most inexpensive to treat. Back injuries most expensive to treat according to workers’ compensation insurer’s claims’ report. By Lonce Lamonte - October 31, 2024
A report was done on workers’ compensation restaurant claims by AmTrust Financial Services and was just released on Tuesday,...
Restaurant Industry Set to Confront Workers' Comp Challenge with New Food and Beverage Insurance Rating Classification By Jorge Alexandria - June 28, 2024
I sat in on an in-person Workers' Compensation Insurance Rating Bureau (WCIRB) seminar that covered a Read More
Janice Thorner Levy has gone to the top in workers’ compensation claims and with a fine avocation which is fun and fabulous By Lonce Lamonte - October 20, 2024
Janice Thorner worked as a workers’ compensation claims adjuster back in the day at Industrial Indemnity in the Wilshire dis...