Tag Archives: Virginia Workers Compensation law

Increased Spending on Workers’ Comp Due to Increased Employment, Not Higher Benefits for Injured Workers

The National Academy of Social Insurance (NASI), which studies workers’ compensation and other benefits systems, last August reported that in 2012: workers’ compensation benefits rose by 1.3 percent to $61.9 billion employer costs rose by 6.9 percent to $83.2 billion. The uptick, NASI said, was due to increased employment. “This growth in workers’ compensation spending…

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Insurance Lobby Tries to Cut Doctors out of Workers’ Comp Prescription Medication Loop

The Workers Compensation Research Institute (WCRI) is an insurance company-funded organization which, for years, has been reporting that doctors in the Maryland workers’ comp system were dispensing 40% of all workers’ comp prescriptions, and were capturing 55% of all dollars paid for these prescriptions. This, according to WCRI, was driving up costs in the workers’…

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