WisBusiness: Study says workers comp costs rising fast


The average workers compensation total cost per claim in Wisconsin grew rapidly from 2000 through 2005, according to a recent study, but remained among the lowest of the 14 states reviewed.

The report by the Workers Compensation Research Institute showed that claims increased in four of the five years in the study, fueled primarily by an increase in medical payments per claim.

On nearly all measures examined in the study, Wisconsin was lower than typical, according to the study. An exception was that medical costs per claim with more than seven days of lost time were fairly typical for 2003/2006 claims.

According to another WCRI study, Wisconsin had the highest average prices paid among the study states, but this was offset by lower utilization of medical services.

See release: [http://www.wisbusiness.com/index.iml?Article=122871] http://www.wisbusiness.com/index.iml?Article=122871