NASI Study: Employers' Costs Rose 7.1% from 2010 to 2011

By John P. Kamin, ReporterEmployers paid 7.1% more in workers' compensation benefits, administrative costs, and insurance premiums in 2011 than they did in 2010 because improving economic conditions allowed more people to enter the workforce, according to a report released Monday by the National Academy of Social Insurance.Ishita Sengupta, director of workers' compensation for the National Academy of Social Insurance, said that employers paid out 3.5% more in total workers' compensation benefits in 2011 because the overall size of the workforce increased. "The 2009 and 2010 data sh...