Today’s issue of WorkCompRecap features the release of a new report from the National Academy of Social Insurance that found workers’ compensation benefits as a share of payroll declined in 2016, continuing a five-year trend, while employer costs as a share of payroll fell for the third straight year.
The study noted that experiences of individual states varied dramatically, and that rising employment is exerting upward pressure on total benefits and costs, but many states have implemented significant changes to their workers’ compensation benefit systems in recent years, including efforts to improve the return to work outcomes of injured workers, which are driving benefits and costs down.
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