California Insurance Commissioner Steve Poizner announced he will hold a hearing April 28 in San Francisco to investigate "why medical costs are skyrocketing in the workers' compensation system."
His action came after the Workers' Compensation Insurance Rating Bureau governing board voted to recommend a 24.4 percent increase in the Workers Compensation Claims Cost Benchmark.
Mr. Poizner said in a statement that the hearing he will convene will include all stakeholders in the workers' comp system, including doctors, insurance companies, applicant attorneys and labor, to determine why workers' comp medical costs are increasing.
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