WCRI: Comp Claim Costs Rose 6% Annually From 2022 to 2025

Total workers' compensation claim costs increased by an average of 6% per year from 2022 to 2025 in the median study state, driven by rising medical payments, indemnity benefits and claim administration expenses, according to research released Tuesday by the Workers Compensation Research Institute. The findings, featured in 18 reports for all the study states, show costs had remained relatively flat through 2022 before climbing again over the past several years. “The increase reflects sustained growth in the last few years across all major components of a claim, including medi...