August 31, 2023 Related Topics: COVID 19, Indemnity Benefits, Return to Work, System Overview
As the U.S. economy experienced important disruptions in the last few years, the workers’ compensation system has likely been affected in various ways. This new WCRI study provides insights into how recent economic and demographic changes have influenced the workers’ compensation system. It also provides forecasts of how these changes will likely affect workers’ compensation outcomes in the near future, under a “no disruption” (or baseline) scenario and under several alternative scenarios.
The size of the effects of the economic, workforce, and demographic characteristics on the workers’ compensation system suggests that the trends in this report are important to watch as they may continue to affect workers’ compensation outcomes. The uncertainty experienced by workers during periods of economic turmoil could be mitigated by different return-to-work approaches.
Changes in the Workforce and Their Impact on Workers’ Compensation Outcomes. Sebastian Negrusa. August 2023. WC-23-30.
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