April 18, 2017 Related Topics: Annual State CompScope™ Benchmarks
The study can help policymakers and other system stakeholders interested in the Massachusetts workers’ compensation system identify current cost drivers and emerging trends for a wide variety of workers’ compensation cost measures, including the following:
It compares these metrics in Massachusetts with similar measures from 17 other states: Arkansas, California, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Michigan, Minnesota, New Jersey, North Carolina, Pennsylvania, Texas, Virginia, and Wisconsin.
This study analyzes workers’ compensation claims with injury dates between 2010 and 2015 (evaluated as of March 31, 2016) for claims at various maturities. In some cases, a longer time frame is used to supply a historical context for key metrics.
CompScope™ Benchmarks for Massachusetts, 17th Edition. Evelina Radeva. April 2017. WC-17-08.
We're happy to answer any questions or concerns that you may have. Please let us know how we can help.