Warning Signs Of Overtreatment By Doctors In Workers’ Comp Claims

In theory, workers’ compensation is a beautiful system put in place to ensure injured or sick employees get coverage for the treatment they need to get well and get back to work. In theory, employers benefit too, as it protects them against costly lawsuits from employees who get hurt or fall ill while on the job. Unfortunately, the reality is that workers’ compensation is a flawed system prone to abuse and corruption, and often times, it’s employers who get the shaft with huge bills and unwarranted expenses.

Prescription Drugs & Workers’ Comp: What Employers Need To Know To Control Costs

A growing number of narcotics prescriptions in workers’ compensation claims has left many employers struggling to foot the bill, according to reports issued by the National Council on Compensation Insurance Inc. (NCCI).

5 Ways To Keep Your Workers’ Compensation Costs Down

With state and federal workers’ compensation laws covering well over 125 million employees and $6 trillion in wages nationwide, it’s a matter that no business owner can afford to ignore. While these laws are designed to protect both employees and employers, the simple fact is that workers’ compensation does have a significant effect on your bottom line. Of course, workers’ compensation laws and the claims process can be quite difficult to understand, which is why many companies end up spending more on workers’ comp than necessary.

In an effort to demystify workers’ compensation and help you get your business’s expenses in check, we’ve compiled this simple list of effective tactics for keeping your workers’ compensation costs down.

4 Strategies For Faster, Less Expensive Workers’ Compensation Claims

From an employer’s point of view, workers’ compensation seems pretty straightforward on the surface. You report your payroll, pay your workers’ compensation premiums and cross your fingers that no employees get hurt or sick on the job. Seems pretty simple, right? The problem is that workers’ compensation claims are inevitable for just about every employer, and while many claims will be fairly easy to navigate, some claims can turn into a complete nightmare for the employer, dragging on and costing you money.

A Look at the Most Common Medical Bill Coding Errors

Paying medical bills is a huge hassle and expense for companies. With the cost of providing workers’ compensation coverage for employees rising, it’s more important than ever that employers have a cost control process in place to minimize expenses and maximize savings. One important aspect of any cost control plan is medical bill reviewing.

What You Need to Know about Hospital Services for Your Medical Bills

The medical billing process is confusing, to say the least. Every service rendered by the hospital has a specific billing code associated with it, and depending on the circumstances under which the procedure was performed, certain billing modifiers may need to be used to adjust the final cost to the payer. Unfortunately, billing departments often make mistakes, either through oversight or sometimes in an attempt to obtain more money that can cost the payer (your company) a bundle if they go unnoticed.

What You Need to Know about Anesthesia Modifiers for Medical Bill Coding

One look at the medical billing process, and it’s no wonder so many mistakes are made. With so many different codes for each medical procedure and the numerous modifiers indicating special circumstances under which the procedure was performed, billers have a difficult task documenting everything properly. For companies providing healthcare for their employees, this often leads to increased costs due to incorrect billing from medical providers.