Medical fee schedule
rates will increase 1.52% on January 1, 2014. If the fee schedule had
tracked medical inflation, rates would be 30% higher than in 2006; instead,
rates are 7% lower than 2006.
Section 8.2(a) of the Illinois Workers' Compensation Act provides that, each
year, fee schedule rates shall increase or decrease by the percentage change in
the Consumer Price Index-U (CPI-U) in the previous year.
The 2014 rates will be posted as soon as the vendor, Optuminsight, calculates
them and obtains information about new and deleted codes. The rates are usually
posted at the end of the year. We will give notice on our blog when the rates are online.
An HFN, Inc. weblog providing a dialog for analysis, updates, and opinions about the issues involved in the overhaul of the Illinois workers’ compensation system.
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Showing posts with label Illinois Workers' Compensation Act. Show all posts
Showing posts with label Illinois Workers' Compensation Act. Show all posts
Thursday, September 19, 2013
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