Report: Pandemic's First Year Sharply Impacted Benefits, Costs

An annual study conducted by the National Academy of Social Insurance revealed workers' compensation cost and benefits took a sharp downturn during the first year of the COVID-19 pandemic, while reporting at the state level uncovered a stark contrast in results.  Data compiled by the academy ran over a five-year period from 2016 to 2020 and highlighted trends and outcomes in workers' compensation benefits, costs and coverage.   In a statement issued by NASI, Jennifer Wolf, chair of the study panel on workers’ compensation data and president of the Minnesota Worke...