NCCI published a new report, The Impact of Claimant Age on Late Term Medical Costs. They found that for workers’ compensation medical payments made between 20 and 30 years after an injury, the average annual payments for claimants younger than age 60 at the time of treatment are greater than the average annual payments for claimants older than age 60. Further, average annual late term medical costs per claim are about 60% higher for claimants born after 1950 than for older claimants. About 80% of this difference is explained first by the mix of injuries being treated and, in particular, differences in the share of quadriplegic and paraplegic claims. This explains approximately 60% of the difference. Secondly, use of prescription drugs and, in particular, differences in the use of narcotics explains approximately 20% of difference.
Read the research brief from NCCI here.