Cambridge, MA – Total costs per workers’ compensation claim in Michigan for non-COVID-19 claims in 2020 were stable, the result of offsetting factors, according to a new study from the Workers Compensation Research Institute (WCRI). Although medical payments and benefit delivery expenses per claim decreased, there was rapid growth in indemnity benefits per claim, which… [Read more]
Association, Rating & Research News
NSC Notes CDC Data Showing New High in Overdose Deaths, Calls on Employers to Help
Itasca, IL – More than 107,600 Americans–one every five minutes–died of a drug overdose in 2021 according to newly released provisional data from the CDC. Because 70% of people struggling with a substance use disorder (SUD) are employed, the National Safety Council (NSC) calls on employers to develop recovery-friendly workplaces, establish policies that support worker mental health and substance… [Read more]
WCRI: Chiropractic Care for Workers with Injuries Varied Greatly Across 28 States
Cambridge, MA – The Workers Compensation Research Institute (WCRI) recently announced the release of a new study on chiropractic care for low back pain. The study reveals substantial variation in the use of chiropractic care across 28 states and offers insights into the patterns and outcomes of chiropractic care. “Chiropractors often participate in the delivery… [Read more]
The Alliance of Women in Workers’ Compensation Announces New Board of Directors
Chicago, IL – The Alliance of Women in Workers’ Compensation, founded on the principles of supporting the workers’ compensation industry through networking, mentorship and collaboration, has announced that founding board member Kimberly George, Sedgwick global head, innovation and product development will serve as the organization’s president. Additionally, following a thorough search and interview process, the Alliance has… [Read more]
WCRI: Increase in TD Duration per WC Claim in MN a Key Driver of Indemnity Growth in 2020
Cambridge, MA – Duration of temporary disability (TD) benefits per claim in Minnesota increased nearly one week in 2020 for non-COVID-19 claims. This was a key driver of the increase in indemnity benefits per workers’ compensation claim in that year, according to a recent study published by the Workers Compensation Research Institute (WCRI). Both claims… [Read more]
TCB Survey: Businesses Increase Mental Health Support, Workers Still Struggling
New York, NY – As Mental Health Awareness Month kicks off, a new survey reveals that companies are increasingly focused on the mental health of their workers: The availability of organizational programs to support employee well-being increased 22 percent in just the last year. But is it enough? Half of workers still report their mental… [Read more]
NCCI Announces 2021 Workers’ Comp Performance Metrics in State of the Line Report
Boca Raton, FL – The National Council on Compensation Insurance (NCCI) recently released its performance metrics for the US workers compensation system for 2021. Private carrier plus state fund net written premium increased about 1% to $43 billion in 2021 (private carrier premium alone was $38B). Private carriers again posted a profitable Calendar Year 2021… [Read more]
WCRI: IL Indemnity Benefits per WC Claim Up 11% in 2020, Possibly due to COVID-19
Cambridge, MA – The Workers Compensation Research Institute (WCRI) recently released the 22nd edition of CompScope™ Benchmarks for Illinois, finding that indemnity benefits per claim increased 11 percent in 2020. Two-thirds of the reported growth was driven by an increase in duration of temporary disability (about a week), and a third of the growth was… [Read more]
NCCI Releases Q1 2022 Quarterly Economics Briefing
Boca Raton, FL – NCCI recently released its Quarterly Economics Briefing report for the first quarter of 2022, noting that the US economy’s return to full employment marks the end of recovery from the COVID recession. The report also examines how production and employment have changed in today’s “new normal” and the parts of the… [Read more]
Travelers Injury Impact Report: Over 1/3 of Workplace Injuries Occur in First Year on the Job
Hartford, CT – The Travelers Companies, Inc. (NYSE: TRV) recently released its 2022 Injury Impact Report. The study analyzed more than 1.5 million workers compensation claims over a five-year period (2015-2019) and revealed that 35% of injuries occur during employees’ first year on the job, regardless of age or industry experience. “Our data underscores the… [Read more]