CompScope™ Benchmarks for New Jersey, 20th Edition

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April 16, 2020 Related Topics:

The 20th edition of this study for New Jersey helps policymakers and other system stakeholders identify current cost drivers and emerging trends in total costs per claim and key components. The study compares the performance of the New Jersey workers’ compensation system with 17 other states, focusing on

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

The study also examines how these system performance metrics have changed, mainly from 2013 to 2018, for claims at various maturities. We analyzed claims with experience through 2019 for injuries up to and including 2018. In some cases, a longer time frame was used to supply historical context for key metrics and to provide a broader context for monitoring changes in New Jersey’s system performance.                                                                                                                                  

CompScope™ Benchmarks for New Jersey, 20th Edition. Evelina Radeva. April 2020. WC-20-10.

Copyright: WCRI

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Research Questions:

  • How does New Jersey’s workers’ compensation system compare with 17 other states?
  • How have New Jersey’s system performance metrics changed over time?

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