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MA Work Comp Claims Cost Grow 3rd Straight Year

Friday, May 7, 2004 | 0

Workers' compensation costs per claim in Massachusetts grew for the third straight year, according to a new study by the Workers Compensation Research Institute (WCRI). The study by the Cambridge, Mass.-based WCRI found that workers' compensation costs per claim increased 12 percent between 2000 and 2001 as of 2002, nearly twice the growth rate in the previous year (for claims with more than seven days of lost time). The major cost drivers were a 13 percent rise in medical costs per claim, a 12 percent increase in indemnity benefits per claim - wage replacement payments for lost-time i...

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