If you break your wrist and require outpatient procedures to set it, how
much coverage you collect will vary greatly depending on your state, and
your coverage type, a recent report has found. The Workers’ Compensation
Research Institute (WCRI) examined
workers’ compensation benefits paid out in 33 different states; the sample size contributed
to 87% of all workers’ comp benefits paid in the country during
the study’s timeframe.
It concluded that most people who used Medicare would collect significantly
less in coverage and benefits than if they had used workers’ compensation
benefits. Only three states in the study, which examined 2005 to 2014
data sets, typically provided more through Medicare than through workers’
compensation payments: New York, Nevada, and Maine. All other states generally
gave more benefits to a person for the same procedure if they used a workers’
compensation payment instead of a Medicare rate.
On the opposite end of the spectrum, Louisiana usually provided 430% the
coverage through workers’ compensation when compared to Medicare.
To put it into perspective, imagine a medical outpatient procedure that
cost $1,000 to complete. In Louisiana, a patient might be able to collect
$4,300 worth of coverage through workers’ compensation payments,
allowing them to get all the medical attention they need; if that same
person had relied on Medicare, they likely would have only been afforded
the bare minimum or, in some cases, even less and have to pay out of their
The results of the study indicate that government spending on Medicare
may be largely insufficient when compared to other avenues of gaining
benefits or compensation. If a person is injured on-the-job and workers’
compensation is an option, it is, in most scenarios, the right avenue
to pursue, as it has the potential for the higher payout.
For a complete article on the report, you can
click here to visit
Insurance Journal. If you live in New Mexico and were unfairly denied workers’ comp
benefits, Albuquerque workers’ compensation lawyer Michael J. Doyle
can help you create a lawsuit.
Contact his firm today to learn how you can fight for the coverage you deserve.