Now, in a recent report, an investigation sheds light on the explosive growth of an industry that is thriving off “cost-cutting” workers’ compensation benefits. These companies, billing themselves as “cost containment” entities, offer services ranging from negotiation of medical bills to claim management to arrangement of medical providers, defense lawyers and expert witnesses in workers’ compensation cases. All promise to lower costs for companies by “getting workers working again more quickly.” But the reality is, these companies are raking in enormous profits and wield tremendous influence on the outcome of workers’ compensation cases – often to the detriment of workers.
As evidence of this cottage industry’s success, ProPublica detailed one of the 150 or so national conferences the industry holds annually – about one every other day. The scene: Las Vegas. Acrobats dangling from the ceiling. Neon lights. Techno music. Scantily-clad female dancers on poles. Open bars and free chocolate truffles. Designer handbag giveaways. Free Hummer limousine rides. Photo-ops with Olympians and celebrities. Rock star performances. And a live alligator. Continue reading