DaisyNews writes:

Yet another industry report confirms that workers’ compensation is stupendously profitable for insurers, outperforming the rest of the insurance industry even as rates decrease in most of the nation...

As for the medical costs of actually treating injured workers, a Workers’ Compensation Research Institute report found California’s fee schedule rates near the bottom nationally.  In other words, the bloat appears to be more on the insurer's administrative side than on the treatment side.

Read their full analysis (diatribe?) here.

The WCRI report that they cite is "Designing Workers’ Compensation Medical Fee Schedules, 2025." You can find more information, including how to download a copy, elsewhere on our website.