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Costs per Claim Saw Largest 2010 Decrease among 16 States

Wednesday, October 31, 2012 | 0

By Michael Whiteley, Eastern Bureau ChiefTotal costs per lost-time workers' compensation claim saw the sharpest decrease in Massachusetts during 2010 among 16 states studied by the Workers Compensation Research Institute (WCRI), while the state's employers and insurers made their initial indemnity payments more quickly than the other states.The Cambridge, Mass.-based research group said Massachusetts led the 16 states included in the 13th Edition of its CompScope Benchmarks study in both declining claims costs and the speed at which carriers and self-insured employers make their first ...

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