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Controller's Report

July 2009

Staying Current: Workers’ Comp Costs Decline 4.6 Percent in ’09’s First Quarter

Controllers at many organizations have asked their insurers for cost-saving adjustments in their workers’ compensation policies. Explanation: While these policies vary in structure, their costs are usually based on the buyer’s estimate of year-end payroll. As a result, businesses that have terminated significant numbers of workers in the recession are now overpaying.
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July 2009 - Table of Contents


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