Medical costs in worker's compensation insurance

Article Abstract:

Workers covered by worker's compensation insurance are charged more for medical services than those who are covered by traditional insurance. Medical charges data from the Minnesota Department of Labor and Industry indicate that the discrepancy resulted from better and more intensive services given to such patients to make them return to work sooner and reduce indemnity costs. The discrepancy could also be attributed to overcharging doctors who take advantage of the cost sharing nature of worker's compensation insurance.

Direct Property and Casualty Insurance Carriers, Fire, marine, and casualty insurance, Workmen's Compensation Insurance, Research, Analysis, Economic aspects, Workplace accidents, Workers' compensation, Price discrimination

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On the aggregation of health status measures

Article Abstract:

In the implication that that there is a worldwide meaning of health, the trouble of determining conditions under which aggregation of individual health status measurements is meaningful is presented. The health status measures and marginal rates of substitution are examined.

United States, Forecasts, trends, outlooks, Medical economics, Forecasts and trends, Market trend/market analysis

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