• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • WCW HOME
  • Submit a Wire!
  • Advertising
  • Media Partners
  • About
  • Contact Us

WorkCompWire

Your Trusted Source for Workers Compensation News

Enlyte
  • Workers Compensation News
    • Workers Compensation Industry News
    • Association, Rating & Research News
    • Claims, Legal, & Compliance News
    • Legislative & Regulatory News
    • Risk Management News
    • Work Force & Human Resource News
  • Featured Articles
  • Leaders Speak
  • Editor’s Forum
  • People On The Move

WorkCompRecap: Building Benchmarks!

April 20, 2023 - WorkCompWire

Today’s issue of WorkCompRecap features the release of the latest edition of WCRI’s CompScope Benchmarks reports, which provide ongoing annual monitoring of how indemnity benefits, medical payments, and benefit delivery expenses in 17 states compare and how they have changed over time.

Key findings in the 23rd Edtiion included that medical payments per claim decreased while indemnity benefits per claim continued to grow in 2020 and 2021 in many states, likely reflecting the impact of changes in economic conditions and usage of medical care during the early COVID-19 pandemic period. WCRI noted that wage growth was a key driver of the trend in indemnity benefits per claim, and that duration of temporary disability (TD) was another underlying factor. Most study states experienced decreasing or stable TD durations in 2021 after increases in 2020.

Find out more…

Filed Under: Editor's Forum

Primary Sidebar

Get Our Free Newsletter:

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: WorkCompWire.com, PO Box 1114, Culver City, CA, 90232, http://www.workcompwire.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

myMatrixx

Paradigm

One Call

MTI

Follow Us on Twitter

Tweets by WorkCompWire

Workers Compensation News Topics

  • Top Stories
  • Featured Articles
  • Leaders Speak
  • Editor’s Forum
  • The RxProfessor
  • Industry News
  • Association, Rating & Research News
  • People On The Move
  • Claims, Legal, & Compliance News
  • Legislative & Regulatory News
  • Risk Management News
  • Work Force & Human Resource News
  • Workers’ Compensation

Wire Archives

Copyright WorkCompWire © 2023