Florida medical costs News

Florida Rejects NCCI’s 3.3% Rate Decrease, Calls for Larger Cut

Florida Insurance Commissioner Kevin McCarty issued an order on Wednesday notifying the National Council on Compensation Insurance (NCCI) that its proposed 3.3 percent overall decrease in workers’ compensation rates in Florida as filed has been disapproved. NCCI, which files on …

Florida Regulators Consider NCCI Request for 3.3% Rate Decrease

Florida’s workers’ compensation insurers rating agency says its request for a 3.3 decrease in rates reflects a stable market, although it cautioned that pending court cases could severely impact the state’s system. The National Council on Compensation Insurance initially filed …

Florida Workers’ Compensation Insurers Seek Bigger Rate Cut

Florida’s workers’ compensation insurers, already on record recommending an average 2.5 percent cut in rates, now say that a 3.3 percent cut is justified. The modification in the industry’s rate filing by the National Council on Compensation Insurance (NCCI) rating …

Florida Insurers, Hospitals Findings Ways to Cut Costs

As health care costs rise in Florida, insurers and hospitals vested in the success of the Affordable Care Act, are coming up with new ways to cut costs from buying services in bulk and piloting programs to lowering hospital readmission …