Figures are in billions.
In 2001, $62.8 (premiums paid) + $48.7 (annual benefits paid).
Statistical Abstract of the United States (2003 editon)
Table 559 Workers Compensation payments
No. 559. Workers? Compensation Payments: 1980 to 2001
[In billions of dollars, except as indicated (79 represents
79,000,000). See headnote, Table 560]
Item 1980 1990 1994 1995 1996 1997 1998 1999 2000 2001
Workers covered 1 (mil.) . . . . . . . . 79 106 109 113 115 118 122 124 127 127
Premium amounts paid 2. . . . 22.3 53.1 60.5 57.1 55.3 51.6 51.7 54.0 58.2 62.8
Private carriers 2. . . . . . . . . . . . . . 15.7 35.1 34.0 31.6 30.5
30.0 30.4 32.0 35.3 36.8
State funds . . . . . . . . . . . . . . . . . 3.0 8.0 11.2 10.5 10.2
8.0 7.9 8.0 8.6 11
Federal programs 3 . . . . . . . . . . . . 1.1 2.2 2.5 2.6 2.6 2.0 2.1 2.9 2.2 2.3
Self-insurers . . . . . . . . . . . . . . . . 2.4 7.9 12.8 12.5 12.0
11.8 11.3 11.8 12.0 12.7
Annual benefits paid 2 . . . . . 13.6 38.2 44.6 43.4 41.8 41.4 42.5 44.5 47.0 48.7
By private carriers 2 . . . . . . . . . . . 7.0 22.2 22.3 21.1 20.4
21.6 23.1 24.6 26.4 26.9
From state funds 4 . . . . . . . . . . . . 4.3 8.8 10.8 11.0 10.6 7.3
7.2 7.3 7.6 8.1
Employers? self-insurance 5 . . . . . . 2.3 7.2 11.5 11.2 10.8 10.6
10.2 10.6 10.8 11.5
Type of benefit:
Medical/hospitalization . . . . . . . . 3.9 15.2 17.2 16.7 16.5 17.2
17.9 19.1 20.6 21.9
Compensation payments . . . . . . 9.7 23.1 27.5 26.7 25.3 24.2 24.6 25.4 26.4 26.8
Percent of covered payroll: 1
Workers? compensation costs 6 7 . 1.96 2.18 2.05 1.83 1.66 1.49 1.37 1.34 1.34 1.41
Benefits 7. . . . . . . . . . . . . . . . . 1.07 1.57 1.51 1.39 1.26
1.14 1.08 1.06 1.03 1.04
1 Data for years 1980 and 1985 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 only. 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 from 1980 to 1990 and by 11 percent for 1994-2000 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: 1980-1990, 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,
annual.
http://www.census.gov/prod/2004pubs/03statab/socinsur.pdf |
