Login


Notice: Passwords are now case-sensitive

Register a new account
Forgot your password?

State Leads in Lump-Sum Settlements; Court Ruling Could Reinforce Trend

By William Rabb (Reporter)

Monday, May 20, 2019 | 0

Illinois leads the pack in settling claims and in lump sums payments, and the trend may continue as a result of a case now before the Illinois Appellate Court. The total cost per claim in the Land of Lincoln was about 22% higher than the median for 18 states the Workers Compensation Research Institute studied, according to the 2019 CompScope Benchmarks report for Illinois released last week. The report shows indemnity benefits remain the largest component of comp costs in the state, accounting for 44% of total payments in 2015. But the report also shows that Illinois continues to s...

Purchase this story for only $7.99!


For access to all of our articles, check out our subscription options.

Comments

Related Articles