The Workers Compensation Insurance Rating Bureau of California has released its report on workers’ compensation losses and expenses for 2006. The report is prepared annually pursuant to Section 11759.1 of the California Insurance Code.
According to the report, in 2006, $3.8 billion, or 51 percent of total loss payments went toward medical services. Of that, $629 million was for injured workers. Indemnity payments represented 49 percent of total loss payments, at $3.6 billion.
Also, in 2006, payments made to applicant attorneys were $336 million, down from $346 million in 2005.
To view the full report, visit www.wcirbonline.org
Source: WCIRB
Topics California Workers' Compensation
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