WCRI Creates Tool to Track Medical Price Inflation

The Workers' Compensation Research Institute (WCRI) out of Cambridge, MA, has created a new tool to track medical price inflation - the WCRI Medical Price Index for Workers' Compensation (MPI-WC). Just like the federal government's Consumer Price Index (CPI), the MPI-WC helps public policymakers and business decision makers annually track medical price trends and evaluate the effectiveness of public policy initiatives, says WCRI. Constructed separately for each of the 15 states in the report, the MPI-WC quantifies trends in medical price inflation in workers' compensation, both overall tre...