The cost for employers’ workers’ compensation coverage increased at a greater pace than the benefits paid out to workers in 2003, continuing a hardening trend that began in 2000, according to a new study.

Total workers’ comp payments for injured workers in 2003, the latest year for which data is available, rose to $54.9 billion, an increase of 3.2 percent, while employer costs rose by 9.6 percent to $80.8 billion, the National Academy of Social Insurance reported.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.