CompScope™ Benchmarks for New Jersey, 17th Edition

By Evelina Radeva

April 18, 2017 Related Topics: Annual State CompScope™ Benchmarks

This study can help policymakers and other system stakeholders interested in the New Jersey workers’ compensation system identify current cost drivers and emerging trends for a wide variety of workers’ compensation cost measures, including the following:

  • income benefits,
  • overall medical
  • payments,
  • costs,
  • use of benefits,
  • duration of disability,
  • litigiousness,
  • benefit delivery expenses,
  • timeliness of payment,
  • permanent partial disability,
  • temporary total disability and
  • other metrics.

It compares these metrics in New Jersey with similar measures from 17 other states: Arkansas, California, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Massachusetts, Michigan, Minnesota, 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 New Jersey, 17th Edition. Evelina Radeva. April 2017. WC-17-11.

Copyright: WCRI

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Research Questions:

  • What factors attributed to the recent stabilization of costs per claim in New Jersey?
  • How indemnity benefits per claim in New Jersey compared with other study states and what factors contributed to the result?
  • What are the trends in medical cost containment expenses per claim in New Jerseys relative to other study states?

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