California Workers' Compensation Benefits Decline

Aug 16, 2011, 08:30 ET from The National Academy of Social Insurance

WASHINGTON, Aug. 16, 2011 /PRNewswire-USNewswire/ -- Workers' compensation benefits for workers injured on the job in California decreased 1.6 percent to $9.3 billion in 2009, according to a study released today by the National Academy of Social Insurance (NASI).  In 2009 (the most recent year with complete data), the number of covered workers in California fell to 14.4 million, a 5.7 percent drop from the previous year, due in large part to the economic downturn.

Workers' compensation benefits for medical care in California declined by 1.8 percent to $5.1 billion and cash benefits declined by 1.4 percent to $4.2 billion. Spending on medical care continued to make up more than half of total benefits in California.

Nationally, workers' compensation benefits increased 0.4 percent to $58.3 billion. This change included both a 1.1 percent decrease in medical benefits and 1.9 percent increase in cash benefits. Employment of covered workers fell by 4.4 percent, while employer costs declined by 7.6 percent; both numbers represent the biggest percentage declines in over 20 years.

The new report, Workers' Compensation: Benefits, Coverage and Costs, 2009, is the fourteenth in the series which provides the only comprehensive data on workers' compensation benefits for the nation, the states, the District of Columbia, and federal programs.


Workers' Compensation Benefits and Coverage 2009

CALIFORNIA

Aggregate Amounts

2009

Change In Percent

Covered workers (in millions)

14.4

-5.7

Covered wages (in billions)

$738

-5.6

Workers' compensation benefits paid (in billions)

$9.3

-1.6

   Medical benefits

5.1

-1.8

   Cash benefits

4.2

-1.4

Medical benefits share

54%

-

UNITED STATES

Covered workers (in millions)

124.9

-4.4

Covered wages (in billions)

$5,675

-4.7

Workers' compensation benefits paid (in billions)

$58.3

0.4

   Medical benefits

28.9

-1.1

   Cash benefits

29.4

1.9

Employer costs

$73.9

-7.6




The National Academy of Social Insurance (NASI) is a nonprofit, nonpartisan organization made up of the nation's leading experts on social insurance. Its mission is to promote understanding of how social insurance contributes to economic security and a vibrant economy.

SOURCE The National Academy of Social Insurance



RELATED LINKS

http://www.nasi.org