State Releases Injury Costs: Compensation

Summary


Among three of the largest agencies in state government - military affairs and public safety, health and human resources, and transportation - military affairs and public safety racked up the worst workers' compensation record over the past five years.

A Daily Mail analysis of data provided by the state Offices of the Insurance Commissioner shows that from 2006 to 2010 the Department of Military Affairs and Public Safety paid workers' compensation insurance premiums totaling $18.4 million and had claims that cost $10.8 million.

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Extract


State Releases Injury Costs: Compensation

That's a loss ratio of .586, which means that for every dollar in premiums collected, nearly 59 cents was paid out for lost time and/ or medical expenses. That ratio is destined to get worse because some recent acciden...

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