Boca Raton, Fla. — Although workers’ compensation claim frequency continued to decline during 2007, albeit at a slower rate than during the previous two years, indemnity costs and medical severity continue to rise, according to a new report.
Boca Raton-based NCCI Holdings Inc., a provider of workers’ compensation and employee injury data and statistics, noted in its latest review that average indemnity costs per claim rose 4.0% in 2007, up slightly from the average of 3.3% since 2001.
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