Maryland: Officials approve 3.2 percent increase in WC loss costs
Officials announced in early October that they had accepted the National Council on Compensation Insurance filing that recommended a 3.2 percent average increase in voluntary workers' comp loss costs. The rates will go into effect Jan. 1, 2010.
Despite the increase, a study by the Workers Compensation Research Institute found that medical payments per workers' comp claim in Maryland were among the lowest of the 14 states it examined. Researchers said a main driver was lower prices paid for all major nonhospital services related to the lower fee schedule rates.
Read more at the WORKERSCOMP ForumTM homepage.
November 12, 2009
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