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Statewide Average Weekly Wage up 3.74%, Fee Schedule Updated to Include Medicare RVUs

Friday, September 9, 2016 | 0

Minnesota's statewide average weekly wage will increase 3.74% — the largest increase since 2008 — on Oct. 1, the state Department of Labor and Industry announced. The department is also updating its fee schedule on Oct. 1 to incorporate Medicare relative value units (RVUs). As such, the department has adjusted the conversion factors for medical services so that payment will be the same under both the old and new sets of RVUs. Average weekly wage The average weekly wage will rise from $949 to $1,026. The rate has not increased by more than 3.29% in the past eight ye...

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