DWC: Medical Costs Down Nearly 30% in Last Decade

Payments for medical services declined nearly 30% to $812 million in 2022 from $1.15 billion in 2012, according to a new report on health care costs on utilization in the Texas workers’ compensation system. Overall, the Insurance Department’s Workers’ Compensation Research and Evaluation Group reports a general trend of reductions in the cost and use of medical services over the last decade. “These trends are most likely a result of a decrease in the total number of claims, as well as the implementation of evidence-based treatment guidelines, the pharmacy formula...