Today’s issue of WorkCompRecap stocks up your reading list with another good report from NCCI, with the recent release of the March 2012 edition of their Gauging the Economy newsletter. Published quarterly, Gauging the Economy examines the current state of the economy and the implications for the Workers’ Comp industry.
Highlights from the new issue include the opinion that recent increases in employment growth suggest economic recovery is gaining traction, and upward pressure on claim frequency and exposure are likely to be seen. Additionally, accelerating medical care inflation indicates the potential for increased pressure on medical cost per claim, and simultaneous increases in use of costly medical treatments may add further upward pressure to severity.
Find out more (including a link to the free report!) by clicking here!