Total Costs per Workers' Comp Claim in Florida Grew Moderately since 2014, Followed by a Faster Increase in 2019, Finds WCRI Study

04/22/21
WorkersCompensation.com
Cambridge, MA (WorkersCompensation.com) - Total costs per claim in Florida experienced moderate growth at 4 percent per year from 2014 to 2018, followed by a faster increase of 8 percent in 2019/2020, according to a recent study published by the Workers Compensation Research Institute (WCRI).
“Compared with the other 17 states, growth in costs per claim in Florida since 2014 was faster than in most states, due to more rapid increases in medical payments and indemnity benefits per claim. The increase in benefit delivery expenses per claim with expenses in Florida was similar to the typical growth among the 18 states,” said Ramona Tanabe, executive vice president and general counsel of WCRI.

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