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August 13, 2014 / englandponticellostclair

New Report on California Workers’ Compensation Payments

A California-based law firm, England Ponticello & St. Clair’s attorneys leverage more than 30 years of experience to represent employers and insurance carriers. England Ponticello & St. Clair helps clients with a variety of employment-related issues, including workers’ compensation litigation.

According to a recent report by the Workers’ Compensation Insurance Rating Bureau of California, the state’s self-insured employers and workers comp insurers’ medical loss payments didn’t significantly increase from 2012 to 2013, but investments in Medicare set-aside accounts noticeably increased. Medical loss payments totaled $4.8 billion in 2012 and only rose slightly to $5.2 billion in 2013. Out of those losses, the amount payers put aside for future liability claims rose from $92 million to $129 million.

Self-insured employers and insurers are required to act as the primary payers of Medicare beneficiaries for workers’ compensation claims, and the report noted that the costs associated with medical cost containment programs have steadily grown since 2009. England Ponticello & St. Clair regularly advises employers and carriers on these WCMSA issues.

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