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Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

while benefit costs were $11.55… Note, in this context, “civilian” workers include those employed in the private nonfarm economy (except those in private households) and workers in the public sector (except the federal government). The employer portion is an employer cost of employee compensation. Wages and salaries cost employers $25.22

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Workers’ compensation Insurance Arrangements: Does the model make a difference? Part 2

Workers' Compensation Perspectives

Part 1” at [link] or [link] ] In my previous post, I described the range of public policy insurance arrangements governments use in the workers’ compensation insurance market. As noted, the market for workers’ compensation is not a free market but one that is altered by government interventions and oversight.