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Workers comp costs on the rise as mega claims grow - BenefitsPro

2016 saw an uptick in so-called mega claims (claims of $10 million or more), which is having a large impact on the workers compensation industry. While 2006 and 2016 had the same number of ... read more

The Impact of Prescription Drug Pricing on Workers' Compensation Claims

Generally, prescription drug costs account for approximately 14% of a workers' compensation claim. While prescription drug usage has decreased in recent years, the prices of prescription drugs ... read more

Workers’ comp claims rising at City Hall - Santa Monica Daily Press

The cost of all workers' compensation claims still open since 1979 increased from $23.6 million in 2014 to $27.3 million as of December 31, 2015. read more

Workers' Compensation Claim Costs See Rapid Rise in Massachusetts

After a period of relative stability, workers' compensation claim costs in Massachusetts surged recently according to a new study by WCRI. After a period of relative stability, workers' compensation ... read more

Audit: City workers' comp costs keep growing - ABC 10News San Diego

The city of San Diego is seeking its workers compensation spending rise annually, but isn't taking the necessary steps to curb the cost, a new audit found. 1 weather alerts 1 closings/delays. read more

How Much Does Workers’ Comp Insurance Cost? – Forbes Advisor

How Much Is Workers’ Comp Insurance? Workers’ compensation insurance costs an average of $45 per month, according to Insureon.That’s $542 per year. Slightly less than a quarter (23%) of ... read more

Insurers expect cost of health care claims to rise 10.5%

INDIANAPOLIS -- Costs for employer-provided health plans are expected to rise more than 10% within the next 12 months, a jump workers may feel in their paychecks or through changes to their ... read more

Rapid Rise in Workers' Comp Benefits in Texas | EHS Today

Workers' compensation benefit costs increased significantly in\r\nTexas during recent years, according to a study by the Workers\r\nCompensation Research Institute. Workers'' compensation benefit ... read more

Santa Monica Workers’ Comp claims surge due to ‘catastrophic’ claims

Santa Monica’s workers' compensation program saw a significant 29.5% increase in total liabilities during the 2023-24 fiscal year, largely driven by three catastrophic claims that accounted for ... read more

Employers want to limit costs from ‘deliberate intent’ claims, and injured workers call foul - WV MetroNews

It helps our economy by helping employers keep and grow good-paying jobs right here in West Virginia,” said Phyllis Cole, representing Allegheny Wood Products, which employs 865 people. read more

Proposed Legislation in D.C. and Its Impact on Workers' Comp Claims in Other Jurisdictions

This subsection shall apply to all claims under this act that are pending as of the effective date of the Parity in Workers' Compensation Recovery Emergency Amendment Act of 2022, effective June ... read more

The impact of prescription drug pricing on workers' comp claims - BenefitsPro

Generally, prescription drug costs account for approximately 14% of a workers' compensation claim. While prescription drug usage has decreased in recent years, the prices of prescription drugs ... read more