Tariff Hikes: Work Comp Costs Rising?

The ripple effects of recent and potential pharmaceutical tariffs are sending shivers through the US healthcare system, and the workers' compensation insurance industry is no exception. Experts warn that these tariffs, essentially taxes on imported drugs and medical supplies, could significantly inflate the cost of workers' compensation coverage soon.

Study: Healthcare-linked infections cost US $10 billion a year

Today's post was shared by CIDRAP and comes from www.cidrap.umn.edu

Five of the most common, costly, and preventable healthcare-associated infections (HAIs) cost the United States nearly $10 billion per year, according to a meta-analysis of 27 years' worth of data by a team from Harvard Medical School and affiliated institutions. The team reviewed data spanning 1986 to 2013 concerning surgical site infections (SSIs), central line–associated bloodstream infections (CLABSIs), catheter-associated urinary tract infections (CAUTIs), ventilator-associated pneumonia (VAP), and Clostridium difficile infections (CDIs), according to their report, released yesterday by JAMA Internal Medicine. For HAI incidence estimates, the investigators used the National Healthcare Safety Network of the Centers for Disease Control and Prevention (CDC), which includes 1,700 reporting sites. By conducting a systematic literature review, the team found 26 studies that provided "reasonably robust" estimates of attributable costs and/or length of stay for HAIs. The overall cost of the HAIs was estimated at $9.8 billion annually.  On a per-case basis, CLABSIs were found to be the most expensive HAI at $45,814 each, followed by VAP, $40,144; SSIs, $20,785; CDIs, $11,285; and CAUTIs, $896, the report says. SSIs, however, accounted for the largest share of costs, at 33.7%. The second largest contributor was VAP, at 31.6%, followed by CLABSIs, 18.9%; CDIs, 15.4%; and CAUTIs, less than 1%. "While quality improvement initiatives have decreased HAI...

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Jon L. Gelman of Wayne NJ is the author NJ Workers’ Compensation Law (West-Thompson) and co-author of the national treatise, Modern Workers’ Compensation Law (West-Thompson). For over 4 decades the Law Offices of Jon L Gelman  1.973.696.7900  jon@gelmans.com  have been representing injured workers and their families who have suffered occupational accidents and illnesses.

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