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Article: Connecticut Workers' Compensation Payments Decline As A Percent Of Wages In 1999; NASI Study Finds Total Benefits Rise in 1999, But Not as Fast as Wages
- Article from:
- U.S. Newswire
- Article date:
- May 22, 2001
CopyrightCopyright 2001 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON, May 22 /U.S. Newswire/ -- In Connecticut, workers'
compensation benefits increased to $722.1 million in 1999, a rise of
1.6 percent from the 1998 level of $711.1 million, according to a
new report released today by the National Academy of Social
Insurance. These payments are for medical care and cash benefits
for workers with injuries or illnesses caused on the job.
At the same time, the number of workers in Connecticut covered by
the program grew by 1.7 percent. Their total wages rose by 6.5
percent, outpacing the growth of benefits. This led to a decline in
benefits paid as a percent of payroll from 1.09 percent to 1.03
percent of payroll between 1998 and 1999.
For the ...