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WCIRB: $4.2B for Medical, $3.7B for Indemnity in 2020

Wednesday, June 30, 2021 | 0

Combined loss payments for medical services and indemnity benefits fell about 6.3% to $7.9 billion in 2020 from $8.4 billion the year before, the Workers’ Compensation Insurance Rating Bureau of California reported. The WCIRB said $4.2 billion, or 53% of total loss payments in 2020, were for medical services. The figure — which includes an estimated portion of payments made by the California Insurance Guarantee Association — compares to $4.6 billion in payments for analogous medical services in 2019. The $3.7 billion spent on indemnity benefits and vocational rehabilitation...

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