covid-19 workers compensation News

No Delays Found in Medical Care for Workers’ Compensation Claimants During COVID

Despite potential obstacles posed by the coronavirus pandemic, injured workers experienced no meaningful delays in access to medical treatment under their employers’ workers’ compensation programs during the pandemic. Research from the Workers’ Compensation Research Institute (WCRI) also shows that states …

Workers’ Compensation Should See Profit This Year But Maybe Not in 2021: Fitch

Despite the economic challenges from the coronavirus pandemic, the workers’ compensation insurance market is likely to report strong profitability in 2020 thanks to savings from lower claims frequency due that are currently outpacing pandemic-related losses, according to Fitch Ratings. However, …

Vast Majority of COVID-19 Workers’ Compensation Claims Are Small, Says NCCI

If COVID-19 behaves like other workers’ compensation lung and disease claims, about two out of 100 cases may result in some degree of permanent partial disability and one out of 2,000 may result in permanent total disability, according to a …