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Research and Statistics -- DLI statistics



Workers' compensation

Cost of workers' compensation per $100 of covered payroll and in total, 1984-2004 [1]

Description

Appendix

Year [2]
Cost per $100 of
covered payroll
Total cost
($millions)
1984 $1.74 $476
1985 2.17 642
1986 2.44 785
1987 2.30 813
1988 2.32 881
1989 2.53 997
1990 2.46 1,051
1991 2.49 1,113
1992 2.42 1,160
1993 2.60 1,309
1994 2.58 1,382
1995 2.40 1,326
1996 1.85 1,093
1997 1.61 1,024
1998 1.42 1,022
1999 1.34 1,035
2000 1.32 1,081
2001 1.45 1,200
2002 1.58 1,357
2003 1.68 1,467
2004 1.72 1,585

1. For insured employers, estimated costs consists of written premium plus premium credits for policy deductibles (a proxy for claim costs below deductible limits) less policy dividends. For self-insured employers, estimated cost consists of pure premium (payroll times pure premium rate times experience modification factor) plus administrative cost plus Special Compensation Fund assessment. Payroll is adjusted for the paid-leave exclusion through 1995. Details in Appendix.

2. Cost data is primarily by the year the premium is written for insured employers and by the year the pure premium is earned for self-insured employers.

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