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Worker’s Comp premium rates dropping

The state’s Commissioner of Insurance is reducing worker’s compensation premium rates by more than 3 percent on Oct. 1, 2016. The reduction for state businesses was trumpeted recently in a Department of Workforce Development (DWD) press release.

“Wisconsin’s Worker’s Compensation program is a national success story,” said Wisconsin Medical Society Chief Medical Officer Donn Dexter, MD. “Health care has a lot to do with that, as patients injured on the job can easily choose physicians to help them get better. And because Wisconsin physicians provide such high quality care, studies show that Wisconsin patients are happy with their care and get back to work sooner than just about anyone else in the country.

“At the same time that care comes with fewer visits and fewer procedures than the national average,” Dr. Dexter added. “That means the health care cost is below the national average—providing great value for employers while giving patients the care they deserve. It’s win-win for everyone.”

E-mail Mark Grapentine, JD, in the Society’s Government and Legal Affairs Department for more information.

Back to August 4, 2016 Medigram