Medical Reports Agencies - Service or Cash Cow
For years there has been an argument in the compensation industry about whether medical reports agencies offer a valued service or they exist simply as a cash cow opportunity.
Years ago solicitors used to find their own medical experts but now they can use medical reports agencies to get the reports and even charge them a nice commission kickback for doing the work for them! Whats your view?
August 2nd, 2007 at 07:27 pm
As a person who founded an agency I believe we do a damn good job. We’re sick of being constantly picked on by all parties - yet without us the industry would be a mess. Yes we do charge BUT why not? Solicitors get away with charging the earth so why should we not charge to do all the leg-work.
August 4th, 2007 at 10:15 am
Medical reporting services have unfortunately attracted some seriously bad press over the past decade simply because they have been abused by every party involved in the accident compensation market. Having worked for a midlands based medical reporting agency I can comment honestly. We were having to pay out commissions to nearly everyone providing the instructions, this included the accident management company, the injury lawyers and on some occassions rare occasions insurance companies. This in turn increased costs and as a result sparked the cost rows that have been rife for the last few years. I dont work for the medical reports agency anymore but I do think it is unfair the way they are treated
August 22nd, 2008 at 05:18 pm
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