Volatility in both indemnity and medical costs per claim drove a 2.8% increase in workers' compensation loss costs approved to take effect in the District of Columbia on Nov. 1, the National Council on Compensation Insurance reported.NCCI held its annual advisory forum in the district last Wednesday and said frequency in the workers' compensation system continues to decline, while both indemnity and medical costs rose sharply in 2011.The number of lost-time claims per million dollars of on-leveled premium declined to 18.3 in 2011. Indemnity severity increased to $34,800 per lost-time c...
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