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WCRI Study Explores Lifecycle of Claim

Friday, January 17, 2025 | 0

The Workers Compensation Research Institute on Thursday released a new study offering an in-depth look at the lifecycle of a work comp claim in New York. The report analyzes workers’ compensation claims from 2018 evaluated in 2023 to provide an examination of overall claim costs, timing of key indemnity payments and other essential system performance indicators. WCRI said the study identifies when key payments are made, such as the first payment of indemnity benefits or the first lump-sum payment. The study also addresses the average total cost per claim, including an analysis of c...

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