Today’s issue of WorkCompRecap features a new report coming from the National Academy of Social Insurance (NASI). The new report, Workers’ Compensation: Benefits, Coverage and Costs, 2009, is the fourteenth in the series which provides the “only comprehensive data on workers’ compensation benefits for the nation, the states, the District of Columbia, and federal programs”.
Key findings from the report include benefit increases (MI, OR, WA) and decreases (CA) in multiple states (look for more on those later!), and that employer costs for benefits fell by 7.6 percent to $73.9 billion in 2009 (the most recent year with complete data), reflecting the overall decline in employment.
Find out more (including a link to the full report!) by clicking here!