Workers' Compensation: Coverage, Benefits, and Costs, 1992-93

Schmulowitz, Jack, Social Security Bulletin

Benefit payments and employer costs under workers' compensation programs in the United States experienced both growth and decline during the 1991-93 period. Benefits were $42.2 billion in 1991, $44.7 billion in 1992, and $42.9 billion in 1993 (table 1). The 1992 figure represented a 5.9 percent increase over the amount in 1991, while in 1993, there was a 3.9 percent decrease from 1992. Payments in 1993 were only $756 million higher than those in 1991--a 2-year increase of 1.8 percent.

Employer costs of providing workers' compensation benefits declined by $224 million from 1991 through 1992 to $55 billion, and then increased to $57.3 billion in 1993. The increase over the 2-year …

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Publication information: Article title: Workers' Compensation: Coverage, Benefits, and Costs, 1992-93. Contributors: Schmulowitz, Jack - Author. Journal title: Social Security Bulletin. Volume: 58. Issue: 2 Publication date: Summer 1995. Page number: 51+. © Not available. Provided by ProQuest LLC. All Rights Reserved.

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