Increased Spending on Workers’ Comp Due to Increased Employment, Not Higher Benefits for Injured Workers
The National Academy of Social Insurance (NASI), which studies workers’ compensation and other benefits systems, last August reported that in 2012: workers’ compensation benefits rose by 1.3 percent to $61.9 billion employer costs rose by 6.9 percent to $83.2 billion. The uptick, NASI said, was due to increased employment. “This growth in workers’ compensation spending…
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