Insurance Industry Reports Heightened Costs Stemming from IMR and IBR Processes
According to an annual report put out by the Workers’ Compensation
Insurance Rating Bureau, the total costs associated with independent medical
reviews (IMRs) and independent bill reviews (IBRs) have increased.
Despite reduced insurance premiums and fewer claims being filed, IMRs and
IBRs are costing more. This is due in no small part to the IMR regulations
the insurance industry imposed upon itself. The California Applicants’
Attorneys Association made it publicly clear that new IMR regulations
would cost the insurance industry more money, and their assertions have
What IMR and IBR Regulations Mean for Injured Workers
Their rigid, complicated, and now rather extended IMR process is also problematic
for injured workers. It creates a major delay in care and forces injured
workers to continue waiting and racking up medical costs. The average
length of workers’ temporary disability periods have also grown
under these new regulations, forcing IMR and IBR costs up even further.
Glendale Workers’ Compensation Lawyers Serving Injured Workers in
Our team at the
Law Offices of Wax & Wax is here to protect your rights after a work-related injury, especially
when insurance companies delay and deny you the compensation you deserve. Our
Glendale workers’ compensation attorneys understand the insurance industry and the California workers’ comp
process, and we are dedicated to using our knowledge and skill to your benefit.
Your injury merits swift action and appropriate compensation from your
employer’s insurance provider, but they are often disinclined to
provide you with the service and money you deserve. That’s when
you need a tough, experienced legal advocate on your side to plead your
case and work toward a fair solution in your case.
Connect with a member of our team today by calling (818) 946-0608, or send us an email
to schedule a consultation.