Cambridge, MA (PRWEB) October 23, 2013
The ongoing effects of workers’ compensation reforms enacted in New York in 2007 are monitored by the Workers Compensation Research Institute (WCRI) in a new study that focuses on objectives that are being achieved, objectives that are not being met, and any unintended consequences that have emerged.
The new WCRI study, Monitoring Changes in New York after the 2007 Reforms, is the latest edition of an annual report to regularly track key metrics of the performance of the state’s workers’ compensation system following the implementation of 2007 reforms.
The reforms increased maximum statutory benefits, limited the number of weeks of permanent partial disability (PPD) payments, created medical treatment guidelines, adopted a fee schedule for pharmaceuticals, established networks for diagnostic services and thresholds for preauthorization, and enacted administrative changes to increase speed of case resolution.
“This is a significant tool for tracking the latest changes to the New York workers’ compensation system following the reforms in 2007,” said Ramona Tanabe, deputy director and counsel for WCRI. “It can help public policymakers, employers, insurers, and other stakeholders determine the effectiveness of the changes and if they have generated unintended consequences.”
The following are among the study’s key findings:
The study uses open and closed indemnity and medical-only claims with dates of injury from October 2004 through September 2010, with experience as of March 2011. The data are representative of the New York system.
Click on the following link to purchase this study: http://www.wcrinet.org/result/ny_reforms_2013_result.html.
The Cambridge-based WCRI is recognized as a leader in providing high-quality, objective information about public policy issues involving workers' compensation systems.
The Workers Compensation Research Institute (WCRI) is an independent, not-for-profit research organization based in Cambridge, MA. Since 1983, WCRI has been a catalyst for significant improvements in workers' compensation systems around the world with its objective, credible, and high-quality research. WCRI's members include 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.
Read the full story at http://www.prweb.com/releases/2013/10/prweb11259091.htm.
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