This 16th edition CompScope™ Benchmarks study provides a baseline for monitoring changes in the Indiana workers’ compensation system following significant legislation in 2013 and 2014 that focused on several key policy concerns. House Enrolled Act (HEA) 1320 addressed hospital costs, which were a key driver of higher-than-typical medical payments per claim in Indiana, by enacting a hospital fee schedule effective July 1, 2014. The legislation also addressed the lower maximum statutory benefit, one factor in lower indemnity benefits per claim in Indiana, by increasing those benefits in increments over three years beginning in 2014.
The study can help policymakers and other system stakeholders identify current cost drivers and emerging trends in a wide variety of workers’ compensation cost measures such as indemnity benefits, duration of temporary disability, lump-sum settlements, medical payments, and benefit delivery expenses. It also shows how total costs per claim and the components in Indiana compared with 17 other study states. This edition analyzed claims with injury dates between 2009 and 2014 (evaluated as of March 31, 2015).
CompScope™ Benchmarks for Indiana, 16th Edition. Carol A. Telles. April 2016. WC-16-05.
We're happy to answer any questions or concerns that you may have. Please let us know how we can help.