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WorkCompRecap: Indemnity & Increase!

June 17, 2015 - WorkCompWire

Today’s issue of WorkCompRecap features the release of a new edition of WCRI’s CompScope Benchmarks that found that indemnity benefits per claim with more than seven days of lost time in Georgia were among the highest of the 17 study states and the main contributor to higher total costs per claim.

The study attributed higher indemnity costs to longer duration of temporary disability (TD) benefits and more frequent and larger lump-sum settlements in the state. WCRI did note that those costs were moderated by weekly TTD benefits, which were capped in a greater number of cases in 2013 as a result of reforms from HB 154. This year was the first time Georgia had been included in CompScope, and future studies will cover changes and further impacts of reforms.

Find out more by clicking here!

Filed Under: Editor's Forum

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