Minn.’s Comp Claim Rate Down, Cost Up

March 24, 2005

The number of paid workers’ compensation claims fell 22 percent relative to the number of employees from 2000 to 2003, according to a newly released report from the Minnesota Department of Labor and Industry. However, the cost of the system rose 30 percent relative to payroll during the same three-year period.

The current Workers’ Compensation System Report estimates cost rose to $1.74 per $100 of payroll in 2003, from $1.34 in 2000.

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