Business Services Industry
Health insurers try to bring managed care to workers comp.(Spotlight)
Business Insurance, August, 2005 by Harty, Sara
Byline: SARA HARTY After an employee sustains a workplace injury, everyone agrees that the goal is to get the injured worker back to good health and on the job as quickly as possible. Efforts to accomplish this in the most economical way are creating new opportunities for players in the group health markets.
As the cost of medical care continues to increase, managed health care providers are trying their hand at containing the cost of medical components of workers compensation claims, which are typically higher than for comparable injuries that do not occur on the job. Yet group health companies have a history of making unsuccessful forays into the workers comp arena, and at least one consultant questions the wisdom of the current effort as well. Others...
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