The National Council on Compensation Insurance (NCCI) on Tuesday called for cutting South Carolina loss costs for the first time in seven years as part of a sharp reversal of workers' compensation trends that triggered increases of more than 70% over the past half decade.NCCI filed for a recommended decrease of loss costs – or pure premiums – averaging 0.3% in the voluntary market effective next July 1.The Boca Raton, Fla.-based rate maker cited steady declines in claims frequency but gave most of the credit to a Medicare-based hospital fee schedule put in place by the South Ca...
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