San Diego, CA – Mitchell recently announced the release of a new analysis of its workers’ compensation claims data that examines how claim trends have changed over the past year and a half as a result of the COVID-19 pandemic. As regulations and case rates continue to shift, the workers’ compensation industry is still continuing to manage changing claim patterns and trends.
Key findings included:
- While some industry sectors, like healthcare and retail trade, are showing signs of returning to—and in some cases exceeding—normal levels of workers’ compensation claim volume, the accommodation and food services industry is still reporting significantly fewer claims when compared to 2019, which could be a result of the well-documented labor shortage.
- Other industry sectors that have been subject to heavy COVID-19 regulations, like the arts and entertainment industry and the educational services industry, have also not seen a return to pre-pandemic claim volumes.
- The majority of COVID-19 claims continue to include only indemnity costs (73%) and don’t have associated medical costs, though the average indemnity cost (lost wages) of COVID-19 claims decreased by 43% compared to Mitchell’s last report.
- Employees representing the healthcare industry sector are still the largest source of COVID-19-related workers’ compensation claims— from the start of the pandemic through June 2021, about half of all COVID-19 claims and about five times greater than any other single sector.
The report includes claim data through June 30, 2021.