CompScope™ Benchmarks for New Jersey, 19th Edition

By Evelina Radeva

April 23, 2019 Related Topics:

The 19th edition of this study for New Jersey helps policymakers and other system stakeholders identify current cost drivers and emerging trends in indemnity benefits, medical payments, and benefit delivery expenses. The study compares the performance of the New Jersey workers’ compensation system with 17 other states, focusing on

  • costs,
  • income benefits,
  • medical payments,
  • permanent partial disability or lump-sum settlements,
  • duration of temporary disability,
  • benefit delivery expenses,
  • timeliness of payment, and
  • other metrics.

The study also examines how these system performance metrics have changed, mainly from 2012 to 2017, for claims at various claim maturities. Claims with experience through March 2018 for injuries up to and including 2017 were analyzed. In some cases, a longer time frame was used to supply historical context for key metrics.

CompScope™ Benchmarks for New Jersey, 19th Edition. Evelina Radeva. April 2019. WC-19-11.

Copyright: WCRI

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Research Questions:

  • How does New Jersey’s workers’ compensation system compare with 17 other states?
  • How have New Jersey’s system performance metrics changed over time?

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