Multi-year trend information for Rate Group DR
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
|
2002 |
2003 |
2004 |
2005 |
2006 |
Change 2002-2006 |
Change 2005-2006 |
| Injury rate |
6.1 |
6.0 |
5.9 |
6.4 |
5.7 |
-6.6% |
-10.9% |
| Total duration |
70.7 |
72.7 |
71.0 |
73.6 |
71.4 |
1.0% |
-3.0% |
| Average weekly wage |
$1,002 |
$1,024 |
$1,034 |
$1,044 |
$1,051 |
4.9% |
0.7% |
| Number of claims |
1,319 |
1,212 |
1,234 |
1,193 |
936 |
-29.0% |
-21.5% |
| Cost history
(in thousands) |
2002 |
2003 |
2004 |
2005 |
2006 |
Change 2002-2006 |
Change 2005-2006 |
| Short term disability |
$11,324 |
$10,862 |
$10,735 |
$10,068 |
$7,507 |
-33.7% |
-25.4% |
| Long term disability |
$18,640 |
$14,498 |
$17,489 |
$13,527 |
$8,691 |
-53.4% |
-35.8% |
| Survivor benefits |
$6,932 |
$2,145 |
$3,089 |
$9,069 |
$2,456 |
-64.6% |
-72.9% |
| Health care |
$9,397 |
$9,500 |
$12,039 |
$10,380 |
$7,519 |
-20.0% |
-27.6% |
| Vocational rehabilitation |
$2,463 |
$2,180 |
$2,973 |
$2,473 |
$1,603 |
-34.9% |
-35.2% |
| Total costs |
$48,756 |
$39,185 |
$46,325 |
$45,517 |
$27,776 |
-43.0% |
-39.0% |
| Rate data
(in millions) |
2002 |
2003 |
2004 |
2005 |
2006 |
Change 2002-2006 |
Change 2005-2006 |
| Assessable payroll |
$913 |
$868 |
$932 |
$884 |
$843 |
-7.7% |
-4.7% |
| Accumulated payroll |
$1,181 |
$1,051 |
$1,072 |
$961 |
$866 |
-26.7% |
-9.9% |
| Benefit cost rate
|
2002 |
2003 |
2004 |
2005 |
2006 |
Change 2002-2006 |
Change 2005-2006 |
| (Per $100 of payroll) |
4.13 |
3.73 |
4.32 |
4.74 |
3.21 |
-22.3% |
-32.3% |
| Average benefit cost rate for calculating the 2008 base rate: |
$4.13 |
| Number of years used to calculate average benefit cost rate: |
3 |
