WCIRB Study Shows Continued Growth in Claims Frequency

Publish Date:Jan 20, 2015
Summary:
The Workers’ Compensation Insurance Rating Bureau released an update to its Analysis of Changes in Indemnity Claim Frequency report this week.
The Workers’ Compensation Insurance Rating Bureau released an update to its Analysis of Changes in Indemnity Claim Frequency report this week. The report found that unlike most states, the frequency of indemnity claims continues to increase.  The reports increases of 3.2 percent, 3.9 percent and 0.9 percent in 2012, 2013, and 2014, respectively. In addition, the report found that the level of cumulative injury claims have continued to increase. Approximately 13 percent of indemnity claims are estimated to involve a cumulative injury in 2013 compared to approximately 8 percent in the 2005 to 2007 period. Much of the growth of cumulative injury claims has been seen in claims involving more serious injuries and multiple injured body parts.

The full Analysis of Changes in Indemnity Claim Frequency—January 2015 Update Report is available in the Research and Analysis section of the WCIRB website.  

 

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