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Funny Math in Ohio Workers' Comp Proposal
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Ohio hospitals are to go along with plan to reduce their payments for treating injured workers. The proposal is for hospitals to be paid actual costs plus 15 percent. The Ohio Hospital Association has requested the payments be actual costs plus 25 percent. The rate proposal is an attempt to eliminate excessive overpayment.
The proposal is set to be reviewed by the Joint Committee on Agency Rule Review next month (Aug 2006). If approved the changes will be effective Oct 1.
Charles Cataline, the Hospital Association's Senior Director of Health Policy claimed that paying actual costs plus 25 percent will ensure they (the hospitals) will ensure they do not lose money. He said injured workers' cases can be more expensive because most cases come through the ER and billing to the Bureau (of Workers' Compensation) requires more time and paperwork. In the end he did say they will support any new rate system.
Ok, before I even get into the numbers, is anybody else concerned that they are essentially arguing over PROFITS? If the hospitals get paid actual costs doesn't that automatically mean that everybody involved gets paid as well as covering any medical equipment used? If we are talking about keeping workers' compensation premiums to a minimum why are we still concerned with profit?
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Two Hospitals, located in Denver and Westminster. Information on the services and specialties offered, health resources and contact.
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