Health care reform legislation is expected to have some impact on workers' compensation costs, but those impacts should be gradual and reflected in normal ratemaking processes, Swiss Re said in a recent report.
The report, "The Impact of U.S. Health Care Reform on Workers' Compensation and Other Casualty Lines," noted that the reforms are not specifically directed at the workers' comp system and that some provisions are not applicable to workers' comp.
But, the report added, the legislation "may have an indirect effect on workers' compensation medical costs and on the cost structures underlying the medical portion of tort liability settlements and judgments."
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