Multi-year trend information for rate group ES
What trends is your rate group experiencing? This chart provides a history
of your rate group's performance.
To understand the terminology used in this chart, view the explanation
of trend terms.
| Key indicators
|
2000 |
2001 |
2002 |
2003 |
2004 |
Change 2000-2004 |
Change 2003-2004 |
| Injury rate |
0.2 |
0.1 |
0.1 |
0.1 |
0.1 |
-50.0% |
0.0% |
| Total duration |
66.5 |
53.7 |
49.1 |
60.9 |
41.2 |
-38.0% |
-32.3% |
| Average weekly wage |
$612 |
$809 |
$640 |
$632 |
$650 |
6.2% |
2.8% |
| Number of claims |
123 |
94 |
84 |
81 |
62 |
-49.6% |
-23.5% |
| Cost history
(in thousands) |
2000 |
2001 |
2002 |
2003 |
2004 |
Change 2000-2004 |
Change 2003-2004 |
| Short term disability |
$575 |
$481 |
$261 |
$229 |
$128 |
-77.8% |
-44.2% |
| Long term disability |
$830 |
$242 |
$100 |
$94 |
$95 |
-88.5% |
1.7% |
| Survivor benefits |
$2 |
$90 |
$884 |
$0 |
$1 |
-6.1% |
389.7% |
| Health care |
$605 |
$288 |
$173 |
$157 |
$130 |
-78.5% |
-17.5% |
| Vocational rehabilitation |
$116 |
$69 |
$19 |
$15 |
$21 |
-81.8% |
40.3% |
| Total costs |
$2,128 |
$1,170 |
$1,437 |
$495 |
$375 |
-82.4% |
-24.2% |
| Rate data
(in millions) |
2000 |
2001 |
2002 |
2003 |
2004 |
Change 2000-2004 |
Change 2003-2004 |
| Assessable payroll |
$1,872 |
$1,996 |
$1,927 |
$1,957 |
$2,111 |
12.7% |
7.9% |
| Accumulated payroll |
$2,452 |
$2,452 |
$2,251 |
$2,138 |
$2,191 |
-10.6% |
2.5% |
| Benefit cost rate
|
2000 |
2001 |
2002 |
2003 |
2004 |
Change 2000-2004 |
Change 2003-2004 |
| (Per $100 of payroll) |
0.09 |
0.05 |
0.06 |
0.02 |
0.02 |
-80.3% |
-26.1% |
| Average benefit cost rate for calculating the 2006 base rate: |
$0.04 |
| Number of years used to calculate average benefit cost rate: |
3 |