This 22nd edition CompScope™ Benchmarks study for Virginia helps policymakers and other system stakeholders identify current cost drivers and emerging trends in total costs per claim and key components.
The study compares the performance of state workers’ compensation systems in Virginia and 17 other states, focusing on overall medical payments, income benefits, use of benefits, duration of temporary disability, benefit delivery expenses, timeliness of payments, and other metrics. The study also examines how these system performance metrics have changed, mainly from 2015 to 2020, for claims at various maturities.
This report monitors the performance of Virginia’s workers’ compensation system in the three years after the medical fee schedule was implemented on January 1, 2018.
Note that the results we report reflect experience on claims through March 2021, including non-COVID-19 claims only from the early pandemic period (March–September 2020). The study, therefore, provides a look at how the pandemic impacted non-COVID-19 workers’ compensation claims in the early months of the pandemic.
CompScope™ Benchmarks for Virginia, 22nd Edition. Bogdan Savych. April 2022. WC-22-13.