12:00 am
August 26, 2014
Today the National Academy of Social Insurance released its annual report on workers’ compensation benefits. There is a data lag, so the new numbers are for 2012.
The report shows that Washington still had the highest benefits paid per covered worker in 2012, at $840.16. (Alaska follows with $797.65 and California with $783.94.) That is slightly lower than 2011, when Washington’s benefits paid per job were $855.78.
In terms of benefits paid as a percent of covered wages, Washington continues to rank third, behind West Virginia and Montana, at 1.63 percent. (In 2011, Washington’s benefits as a percent of covered wages were 1.72 percent.)
As we have noted consistently, benefits paid are the best indicator of workers’ compensation system costs for Washington.
Categories: Categories , Employment Policy.Tags: workers' compensation