Workers’ compensation benefits declined to $57.5 billion in 2010, according to a new report by the National Academy of Social Insurance.
The drop was largely due to a 2.1-percent decrease in medical benefits for injured workers. Employers’ costs for workers’ comp also fell by 2.7 percent in 2010. As a share of covered wages, employers’ costs in 2010 were the lowest in the past three decades.
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