Overall Trends in Workers' Compensation Benefits and Employer ...

Workers' compensation employer costs as a share of payroll declined in 2015, reversing a four-year trend, and benefits as a share of payroll fell for the ...

Trends in the Workers' Compensation Industry | AmTrust Insurance

New and expensive or “mega” claims: Catastrophic injury claims can reach around $10 to $15 million (sometimes called “mega claims”), with industry data ...

Workers' Compensation Trends to Watch in 2024 - CBIZ

Changes to the Experience Modification Factor (EMF) · Artificial Intelligence (AI) Solutions for Injury Prevention & Management · Employee Mental ...

Trends in the Workers' Compensation Industry | WCRI

The proportion of work-related injuries among newly hired workers increased from 2017 to 2022, with workers under 25 reporting more frequent injuries than those ...

Record Profit, Questionable Protections: The State of Workers' Comp

The cost for employers to provide benefits to their workers when injured in their workplace is only 2/3 of what it was 20 years ago. While ...

Workers' Comp Influences to Watch - U.S. Risk

With shifts in workplace dynamics, advancements in technology, and increasing awareness of employee well-being, understanding the latest trends ...

Workers' Compensation Emerging Issues Analysis: The Changing ...

As employers and employees navigate this new terrain, questions about workers' compensation, occupational health, and safety in remote settings ...

Understanding Recent Workers' Compensation Industry Results

Medical claim severity in workers' compensation rose just 2% in 2023, surprising many who expected a far greater increase due to inflation. This ...

The State of the US Workers' Compensation Insurance Market

While the overall US WC market has the potential to continue to reward re/insurers as it fulfills its essential purpose for both workers and ...

Workers' Compensation Trends in 2023 - The Hartford

From safer work environments to the increased use of telehealth, workers' comp rates and policies will likely continue to shift in the coming years.

5 Workers' Compensation Trends to Watch in 2024

The overall workplace injury rate was mostly unchanged from 2021, but when work-related illnesses were factored in, the rate increased.

Work Comp Trends in 2023 - MEM

These trends are likely to benefit both employers and employees, helping to improve the overall quality of life for workers while reducing ...

2022-Workers-Compensation-Report-2020-Data.pdf

... early months of the pandemic, resulting in an overall. Table 6. Workers' Compensation Employer-Paid Benefits Under Deductible Provisions, 2000-2020.

Guard Your Business Against Key Workers' Compensation Trends

Employers may face increased claims and higher premiums as more employees become eligible for workers' compensation benefits related to mental ...

Workers Compensation: Past, Present, and Future - NCCI

For example, total nationwide workers compensation net written premiums increased 11% during the past year, rising to $47.5 billion. That is ...

Workers' Comp Insurance Cost: Planning for 2025 - Risk Strategies

And worker's comp medical inflation has actually been lower than overall medical inflation. With the increase in hybrid and remote work ...

7 Trends to Watch in Benefits and Compensation in 2024 - SHRM

GLP-1 Drug Coverage Decisions · More Financial Health Offerings · Pay Increases Will Meet or Exceed Inflation · Mental Health Focus · Controlling ...

2024 Market Outlook: Worker's Compensation Insurance

An experience modification factor plays a key role in the cost of workers' compensation premiums. This figure represents an employer's claims ...

8 Employee Benefits Trends for 2024 | Paychex

8 Top Trends in Employee Benefits for 2024 · Improving Healthcare Affordability · Total Health and Well-Being · Support for Onsite, Hybrid, and ...

3 Concerning Trends for Injured and Ill Workers

1. The number of U.S. workers covered by workers' compensation has decreased. · 2. States are paying fewer total benefits to injured workers. · 3.

Overall Trends in Workers' Compensation Benefits and Employer ...

Workers' compensation law and strategy guide