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Workers’ Compensation Funded Status and Funding Policy
Last time I wrote about why funding status is important. The recent economic crisis has had an impact on the funding status of many workers’ compensation systems. Since most use fair value accounting,...
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Are the costs of workers’ compensation funded solely by employers?
I am not often asked, “Who pays for workers’ compensation?” because most people think they already know the answer. Most people think employers pay the full cost of work-related injury, illness and...
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What is the “right” premium rate for workers’ compensation?
Most people would agree that workers’ compensation is an important form of social insurance. How should it be administered, what benefits should be offered, and how permanent partial and total...
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