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These changes included tighter eligibility standards, benefit cuts, improved workplace safety, and campaigns against fraud. Recent data indicate that these changes are paying off. The rates of increases in the cost of workers' compensation have slowed considerably, and in 1993 the cost actually declined...
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Recent data indicate that these changes are paying off. The rates of increases in the cost of workers' compensation have slowed considerably, and in 1993 the cost actually declined. From 1993 through 1996, the cost of workers' compensation insurance continued to decrease.
State and federal workers' compensation insurance is based on the theory that the cost of industrial accidents should be considered as one of the costs of production and should ultimately be passed on to the consumer...
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