WCRI released the latest edition of its Medical Price Index for Workers’ Compensation. The study found that prices paid in states with no fee schedules for professional services were 39 to 171 percent higher than the median of the study states with fee schedules in 2018. WCRI also found that medical prices in most states with no fee schedules grew faster than in states with fee schedules – the median growth rate among the non-fee schedule states was 34 percent from 2008 to 2018, compared with the typical growth rate of 6 percent among the fee schedule states. Trends in prices paid for professional services were relatively flat for Louisiana between 2008 and 2018.
Purchase a copy of the study here.