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Report Released By the National Academy of Social Insurance This Month Shows Georgia To Be One of 22 States Whose Workers’ Compensation Benefits Payments Dropped in 2011
Date:8/28/2013

Atlanta, GA (PRWEB) August 28, 2013

Rechtman & Spevak is a law firm in Atlanta, Georgia that represents workers who have been injured while on the job and who need help in pursuing and ultimately recovering the benefits that they need to get back on their feet and to return to work. The attorneys at the firm recently reviewed a report that was released by the National Academy of Social Insurance, or the NASI.

The NASI report detailed the amount paid to injured workers in Georgia in 2011 and compared that amount to 2010. The report also compared the costs that were absorbed by employers in Georgia in 2011 and compared those costs to 2010. The report revealed that both of those numbers went down in the subsequent year. A link to the full report can be found here, and it breaks down the workers’ compensation statistics in terms of payments made in each state. The report was released on August 20, 2013.

Specifically, the report found that workers who were injured in Georgia were paid a total of $1.39 billion in workers’ compensation benefits in 2011. That number represented a drop by a factor of 4.3 percent when compared to 2010. Georgia was found to be one of 22 states where total workers’ compensation payments and costs for employers dropped during the year 2011.

This drop in the amount of payments and costs borne by employers represents a different trend when compared to the statistics that applied to the entire United States during 2011. During that year, total benefits rose by a factor of 3.5 percent to $60.2 billion when compared to 2010. The total costs to employers rose by a factor of 7.1 percent to a total of $77.1 billion.

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