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Monitoring the Impact of Reforms
and Recession in Texas: CompScope™ Benchmarks, 13th Edition
The impact of the
recession, legislative and regulatory reforms and the growing costs
of medical care on workers’ compensation system performance are
among the key developments addressed in the latest edition of
these reports.
These
reports provide useful information on two central questions:
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How does the
performance of a state system compare with that of other states?
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How is workers'
compensation system performance changing over time?
Specifically, we present various measures in several areas:
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Time from injury
to payor notice of injury and first indemnity payment
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Average total
cost per claim, average payment per claim for medical benefits,
and average payments per claim for indemnity benefits and
components (temporary disability benefits, permanent partial
disability benefits, and lump-sum settlements)
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Vocational
rehabilitation use and costs
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Benefit delivery
expenses per claim and defense attorney involvement
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Duration of
temporary disability
The
states in the study—California, Florida, Illinois, Indiana, Iowa,
Louisiana, Maryland, Massachusetts, Michigan, Minnesota, New Jersey,
North Carolina, Pennsylvania, Texas, Virginia, and Wisconsin —
represent nearly 60 percent of the nation’s workers’ compensation
benefit payments.
Monitoring the Impact of Reforms
and Recession in Texas: CompScope™ Benchmarks, 13th Edition.
Carol A. Telles. October 2012.
WC-12-35. |