Multi-year trend information for Rate Group BT
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 |
5.3 |
5.4 |
5.5 |
5.4 |
4.2 |
-20.8% |
-22.2% |
| Total duration |
40.6 |
37.7 |
39.2 |
40.7 |
45.0 |
10.8% |
10.5% |
| Average weekly wage |
$561 |
$563 |
$566 |
$583 |
$615 |
9.6% |
5.5% |
| Number of claims |
2,799 |
2,894 |
3,018 |
3,071 |
2,404 |
-14.1% |
-21.7% |
| Cost history
(in thousands) |
2005 |
2006 |
2007 |
2008 |
2009 |
Change 2005-2009 |
Change 2008-2009 |
| Short term disability |
$5,930 |
$6,064 |
$6,311 |
$6,332 |
$7,218 |
21.7% |
14.0% |
| Long term disability |
$3,214 |
$3,632 |
$4,211 |
$4,251 |
$6,039 |
87.9% |
42.1% |
| Survivor benefits |
$75 |
$19 |
$22 |
$32 |
$550 |
633.3% |
1618.8% |
| Health care |
$4,754 |
$5,249 |
$4,814 |
$5,477 |
$8,679 |
82.6% |
58.5% |
| Vocational rehabilitation |
$483 |
$323 |
$643 |
$797 |
$1,377 |
185.1% |
72.8% |
| Total costs |
$14,456 |
$15,287 |
$16,001 |
$16,889 |
$23,863 |
65.1% |
41.3% |
| Rate data
(in millions) |
2005 |
2006 |
2007 |
2008 |
2009 |
Change 2005-2009 |
Change 2008-2009 |
| Assessable payroll |
$1,427 |
$1,523 |
$1,649 |
$1,731 |
$1,793 |
25.6% |
3.6% |
| Accumulated payroll |
$1,774 |
$1,797 |
$1,855 |
$1,845 |
$1,845 |
4.0% |
0.0% |
| Benefit cost rate
|
2005 |
2006 |
2007 |
2008 |
2009 |
Change 2005-2009 |
Change 2008-2009 |
| (Per $100 of payroll) |
0.81 |
0.85 |
0.86 |
0.92 |
1.29 |
59.3% |
40.2% |
| Average benefit cost rate for calculating the 2011 base rate: |
$1.02 |
| Number of years used to calculate average benefit cost rate: |
3 |
