Multi-year trend information for Rate Group AN
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
|
2005 |
2006 |
2007 |
2008 |
2009 |
Change 2005-2009 |
Change 2008-2009 |
| Injury rate |
4.7 |
4.6 |
4.4 |
4.4 |
3.6 |
-23.4% |
-18.2% |
| Total duration |
44.3 |
40.2 |
41.7 |
42.2 |
49.0 |
10.6% |
16.0% |
| Average weekly wage |
$929 |
$959 |
$979 |
$1,009 |
$1,034 |
11.3% |
2.5% |
| Number of claims |
2,728 |
3,072 |
2,944 |
3,104 |
2,787 |
2.2% |
-10.2% |
| Cost history
(in thousands) |
2005 |
2006 |
2007 |
2008 |
2009 |
Change 2005-2009 |
Change 2008-2009 |
| Short term disability |
$13,587 |
$13,831 |
$13,666 |
$15,840 |
$19,124 |
40.8% |
20.7% |
| Long term disability |
$6,746 |
$7,142 |
$6,551 |
$8,713 |
$13,397 |
98.6% |
53.8% |
| Survivor benefits |
$63 |
$571 |
$45 |
$40 |
$270 |
328.6% |
575.0% |
| Health care |
$5,815 |
$5,740 |
$5,222 |
$7,993 |
$11,716 |
101.5% |
46.6% |
| Vocational rehabilitation |
$1,059 |
$930 |
$1,247 |
$1,628 |
$3,131 |
195.7% |
92.3% |
| Total costs |
$27,270 |
$28,214 |
$26,731 |
$34,214 |
$47,638 |
74.7% |
39.2% |
| Rate data
(in millions) |
2005 |
2006 |
2007 |
2008 |
2009 |
Change 2005-2009 |
Change 2008-2009 |
| Assessable payroll |
$2,476 |
$2,827 |
$2,901 |
$3,109 |
$3,422 |
38.2% |
10.1% |
| Accumulated payroll |
$3,077 |
$3,336 |
$3,263 |
$3,314 |
$3,521 |
14.4% |
6.2% |
| Benefit cost rate
|
2005 |
2006 |
2007 |
2008 |
2009 |
Change 2005-2009 |
Change 2008-2009 |
| (Per $100 of payroll) |
0.89 |
0.85 |
0.82 |
1.03 |
1.35 |
51.7% |
31.1% |
| Average benefit cost rate for calculating the 2011 base rate: |
$1.08 |
| Number of years used to calculate average benefit cost rate: |
3 |
