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Citation
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Bernacki EJ, Kalia N, Soistman S, Minor SA, Barry J, Lavin RA, Tao XG. J. Occup. Environ. Med. 2021; ePub(ePub): ePub. |
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Abstract
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OBJECTIVE: Describe the cost outcomes of an integrated workers' compensation program.
METHODS: We studied a population that increased from 20K to 59K, incurring 8,807 lost time claims between 1988 and 2020.
RESULTS: Lost-time claims decreased from 22.15 to 4.32 per 1,000 employees (1988-2020), and total closed lost-time claim costs per $100 payroll, decreased from $0.62 to $0.17 (1988-2017). The percent of claims resolved within 3 years of the accident increased from 10% to 89% (1988-2017). Adjusting for medical inflation and wage increases, total workers' compensation benefits paid per claim decreased $124 per year, medical benefits decreased $45 per year and indemnity benefits decreased $79 per year.
CONCLUSION: On both a population (per employee) and on a per claim basis, workers' compensation costs decreased substantially, which is attributable to improvements in accident prevention and decreases in claim duration.
Language: en |