Savings Will Offset RBRVS Costs, Proponents Say

By Greg Jones, Western Bureau ChiefThere are real costs associated with an update to California’s medical fee schedule that will be discussed by the state’s ratemaking agency next week, but proponents say they expect the change will eventually lead to savings.The Workers’ Compensation Insurance Rating Bureau Actuarial Committee will meet on Monday in San Francisco to discuss the cost of transitioning to a fee schedule based on Medicare’s Resource-Based Relative Value Scale. The Rating Bureau’s estimates will not be discussed until the meeting, but Chief Actuary Da...