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COVID-19 comp claims in 17 states during Q4



COVID-19 workers' compensation claims increased in 17 states during the fourth quarter, while the Midwest region showed a 20 percent increase in claims volume, according to data presented by third-party administrator CorVel Corp. during a webinar on Thursday. [19659002] TPA also said that since the beginning of the pandemic, 62% of coronavirus-related comp claims have been closed.

The primary industries that produce the most comp claims include public service such as police and fire, which account for 39% of claims. Healthcare professionals represented 33% of the receivables. Retail sales came in at 16%, with an increase likely to be related to holiday shopping, says Michele Tucker, Sacramento, California-based vice president of corporate operations at CorVel.

The data also showed that 70% of the claims came from workers between the ages of 37 and 56. The average claim cost is $ 2,366, and less than 1

% of damages cost more than $ 75,000, according to the figures.

More insurance and work compensation news about the coronavirus crisis here .


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