May 8th, 2013|
May 8, 2013
In an effort to cut costs associated with Indiana Workers’ Compensation Benefits, lawmakers are urging Governor Mike Pence to sign into law a bill that was recently approved by the General Assembly.
House Bill 1320 would establish a fee schedule for healthcare costs incurred by those who are injured on the job that would help wrangle in the amount that is spent on medical supplies and devices. According to a story published by Workers Compensation, the bill would hold costs at roughly 200 percent of Medicare. Furthermore, repackaged drugs would not be sold for more than the average wholesale price of the item, which is established by the original manufacturer. Medical facilities wouldn’t be allowed to charge more than the cost of a device that is implanted, plus 25 percent, under the new law.
Such regulations have been deemed a success in states that currently have similar laws.
A decision from the governor as to whether or not he will sign the bill into law is expected to be made in the next several weeks.
Fleschner, Stark, Tanoos & Newlin and their team of Terre Haute Personal Injury Lawyers acknowledge how complex the laws surrounding receiving Workers’ Compensation benefits can be. That’s why the firm urges anyone who is considering applying for benefits or who has had their claim denied in the past discuss their legal rights and options with an attorney as soon as possible.