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621. Workers' Compensation Payments

[In billions of dollars, except as indicated (59 represents 59,000,000). See headnote, Table 622]

                       
       ITEM 1970 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998
                       
Workers covered 1 (mil.) 59 79 78 77 78 82 84 86 88 91 104 106 104 104 106 109 113 115 118 121
 
      Premium amounts paid 2 4.9 22.3 23.0 22.8 23.0 25.1 29.2 34.0 38.1 43.3 48.0 53.1 55.2 57.4 60.8 60.5 57.1 55.1 52.0 52.1
Private carriers 2 3.6 15.7 16.2 15.4 15.4 16.6 19.5 22.8 25.4 28.5 31.9 35.1 35.7 34.5 35.6 34.0 31.6 30.3 29.1 29.7
State funds 0.7 3.0 2.9 2.6 2.7 3.0 3.5 4.5 5.5 6.7 7.2 8.0 8.7 9.6 10.9 11.2 10.5 10.1 9.4 9.7
Federal programs 3 0.2 1.1 1.2 1.5 1.5 1.6 1.7 1.8 1.7 1.9 2.0 2.2 2.1 2.5 2.5 2.5 2.6 2.6 2.6 2.7
Self-insurers 0.5 2.4 2.8 3.2 3.5 3.9 4.5 4.9 5.4 6.2 6.9 7.9 8.7 10.8 11.8 12.8 12.5 12.0 11.0 10.0
 
      Annual benefits paid 2 3.0 13.6 15.1 16.4 17.6 19.7 22.2 24.6 27.3 30.7 34.3 38.2 42.2 45.7 45.3 44.6 43.4 42.1 40.6 41.7
By private carriers 2 1.8 7.0 7.9 8.6 9.3 10.6 12.3 13.8 15.5 17.5 19.9 22.2 24.5 25.3 24.1 22.3 21.1 20.5 20.6 22.2
From state funds 4 0.8 4.3 4.6 4.8 5.1 5.4 5.7 6.2 6.8 7.4 8.0 8.8 9.7 10.7 10.6 10.8 11.0 10.7 10.1 10.4
Employers' self-insurance 5 0.4 2.3 2.6 3.0 3.2 3.7 4.1 4.5 5.1 5.7 6.4 7.2 7.9 9.7 10.6 11.5 11.2 10.9 9.9 9.1
 
Type of benefit:
  Medical/hospitalization 1.1 3.9 4.4 5.1 5.7 6.4 7.5 8.6 9.9 11.5 13.4 15.2 16.8 17.6 17.5 17.2 16.7 16.6 (NA) (NA)
  Compensation payments 2.0 9.7 10.6 11.3 11.9 13.3 14.7 16.0 17.4 19.2 20.9 23.1 25.3 28.1 27.8 27.5 26.7 25.5 (NA) (NA)
    Disability 1.8 8.4 9.2 9.9 10.4 11.7 13.1 14.3 15.8 17.6 19.2 21.2 23.3 26.0 25.4 25.5 24.8 (NA) (NA) (NA)
    Survivor 0.2 1.3 1.4 1.5 1.5 1.6 1.7 1.6 1.6 1.6 1.7 1.8 2.0 2.1 2.4 2.0 2.0 (NA) (NA) (NA)
 
Percent of covered payroll: 1
  Workers' compensation costs 6 7 1.11 1.96 1.85 1.75 1.67 1.66 1.82 1.99 2.07 2.16 2.04 2.13 2.16 2.13 2.17 2.05 1.83 1.67 1.46 1.35
  Benefits 7 0.66 1.07 1.08 1.16 1.17 1.21 1.30 1.37 1.43 1.49 1.43 1.49 1.64 1.66 1.58 1.52 1.39 1.28 1.14 1.08


NA Not available.
1 Data for period 1980 to 1988 not comparable with later years.
2 Premium and benefit amounts include estimated payments under insurance policy deductible provisions. Deductible benefits are allocated to private carriers and state funds.
3 Includes Federal employer compensation program and that portion of Federal black lung benefits program financed from employer contributions.
4 Net cash and medical benefits paid by competitive and exclusive state funds and by Federal workers' compensation programs, including black lung benefit program.
5 Cash and medical benefits paid by self-insurers, plus value of medical benefits paid by employers carrying workers' compensation policies that exclude standard medical coverage.
6 Premiums written by private carriers and state funds, and benefits paid by self-insurers increased by 5-10 percent prior to 1992 and by 11 percent for 1992-98 for administrative costs. Also includes benefits paid and administrative costs of federal system for government employees.
7 Excludes programs financed from general revenue-black lung benefits and supplemental pensions in some states.

Source: U.S. Social Security Administration, Annual Statistical Supplement to the Social Security Bulletin. Beginning 1994, National Academy of Social Insurance, Washington, DC, Workers' Compensation: Benefits, Coverage, and Costs, 1994-95, and 1996, New Estimates.

http://www.nasi.org/



https://allcountries.org/uscensus/621_workers_compensation_payments.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.