Cambridge, MA, Oct. 19, 2022 ― The Workers Compensation Research Institute (WCRI) will host a free 30-minute webinar on Nov. 17, 2022, at 2 p.m. ET on its study Trends in the Delaware Workers’ Compensation System, 2015–2020.
“In 2014, Delaware passed HB 373, which made changes to the workers’ compensation medical reimbursement system. This report examines the performance of the Delaware workers’ compensation system after the 2014 statutory changes. The goals of the reforms were primarily to reduce medical costs, create a workers’ compensation system that is more efficient, and make Delaware an attractive place for businesses,” said Ramona Tanabe, WCRI executive vice president and counsel.
The webinar will address the following questions:
- What impact did the 2014 legislation have on total costs per claim?
- Did the 2014 legislation achieve its goal of lowering medical payments per claim?
- How did medical utilization and duration of temporary disability change in 2020 during the early months of the COVID-19 pandemic?
- What were the changes in prescription drug payments per claim between 2015 and 2020?
The study examines total claim costs, medical payments, indemnity benefits, disability duration, benefit delivery expenses, timeliness of benefit payments to workers, and other metrics. It analyzes how these metrics of system performance have changed over time from 2015 to 2020 (at various claim maturities) with payments made through March 2021. The report also discusses the impact of COVID-19 on workers’ compensation claims in the early months of the pandemic in 2020.
Click here to register for this free webinar. All attendees receive a copy of the slides and a recording of the webinar.
The Workers Compensation Research Institute (WCRI) is an independent, not-for-profit research organization based in Cambridge, MA. Organized in 1983, the Institute does not take positions on the issues it researches. It provides information obtained through studies and data collection efforts, which conform to recognized scientific methods. Objectivity is further ensured through rigorous, unbiased peer review procedures. WCRI's diverse membership includes employers; insurers; governmental entities; managed care companies; health care providers; insurance regulators; state labor organizations; and state administrative agencies in the U.S., Canada, Australia, and New Zealand.