Oct
26

What happens when a fee schedule goes up?

I’ve always been a ‘non-advocate’ of tight fee schedules and broad based discounted networks. Actually it’s a little more than that – I believe mandated across-the-board low fees are counterproductive, ill-conceived, harmful, and may actually increase costs while decreasing access to good providers.
Other than that. they’re fine.
The final presentation at WCRI’s 2007 conference was an analysis of the pre- and post-reform changes after Florida changed its fee schedule on 1/1/2004 (raising it significantly for physicians and decreasing it for facilities).

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Oct
24

WCRI conference report – how’s Texas doing?

I’m attending the annual WCRI meeting in Boston today and tomorrow, and will be blogging from the meeting. For those not up on all things workers comp, the workers comp research institute is, along with NCCI and the CWCI, among the leading research and education organizations dealing with workers comp.
Perhaps the most important topic at WCRI this year is the evaluation of recent reform initiatives in California and Texas.
Here are the highlights from Texas – numbers are not included as the results are preliminary.

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Oct
18

The first fill conundrum

OK, we’re now going to abruptly transition from the broad interest (Canadian health care policy) to the hairs-breadth narrow – this is for the folks who deal with workers comp pharmacy issues.
One of the biggest challenges facing WC payers is getting claimants into their PBM program. My firm has surveyed payers about WC pharmacy management each spring for four years, and this is the one issue where there has been no change over that time.
Retail pharmacies’ difficulties in determining eligibility is the key reason per-script costs are so much higher in WC than in group health, Part D, or individual heath insurance.
Here’s why.

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Oct
10

Complacency’s cost

With workers comp rates dropping everywhere, many employers are ignoring safety, risk management, and loss prevention.
That’s not smart. One of the smartest people in the industry is warning that now is not the time to lose focus – Frank Pennachio’s piece is a wake-up call for employers lulled into complacency by the persistent soft market.

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Sep
21

Consolidation in the third party biller business

Here’s another one of those posts that is really really interesting to very very few people.
Third party billers are factors – they buy WC script receivables from pharmacy chains and try to collect from WC payers.
The two TPBs have been on (and off) the selling block for some time; it now appears they are working on a merger.

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