As states began looking for ways to address medical cost containment in workers' compensation, many considered Medicare as a model for fee schedule development. Some believe Medicare's budget-neutral approach is an easy way to obtain cost savings; others believe that using an existing process that is maintained by the federal government means less resources needed in a given state agency; and some have no other method to approach cost containment outside of taking the same, hopefully proven, approach other jurisdictions have taken. Since 2014, eight jurisdictions passed laws, adopted rules, or considered switching to Medicare-based reimbursement for facility charges associated with work-related injuries...Read more
About Coventry
Coventry offers workers' compensation cost and care management solutions for employers, insurance carriers, and third-party administrators. With roots in both clinical and network services, Coventry leverages more than 30 years of industry experience, knowledge, and data analytics. The company offers an integrated suite of solutions, powered by technology to enhance network development, clinical integration and operational efficiencies at the client desktop, with a focus on total claims cost.
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