Total insurance companies 'total losses and expenses decreased to $ 12 billion in 2020 from $ 13.2 billion in 2019, according to the Workers' Compensation Insurance Rating Bureau of California.
Total losses in 2020 accounted for 85% of the calendar year premium compared to 82% of the premium for the calendar year 2019, WCIRB in Oakland, California reported on Tuesday in its annual workers' compensation and expense report.
Medical losses accounted for more than half of the total loss payments in the state by 2020, but total medical expenses decreased to $ 4.2 billion from $ 4.6 billion in 2019; 53% of the total loss payments are attributed to medical benefits for the year.
In 2020, 32.5% of healthcare payments were paid to a hospital, followed by 11.3% for medical specialists and 9.1% for physiotherapy, compared with 30.4% for hospitals, 11.6% for specialists and 9 , 3% for therapy in 2019. Payments per service were kept relatively stable in 2020 with 37% of the payment for evaluation and medicine, 26.9% for physical medicine and 13% for surgery.  Slips and falls represented the largest share of the total reported labor losses at 28%, followed by back injuries at 17%, other cumulative injuries at 6%, carpal tunnel and repetitive motion injuries at 5% and psychiatric and mental stress injuries at 2%.
The amount paid to workers and plaintiffs – which generally incurs damages – also decreased in 2020 and dropped to $ 402 million for the year compared to $ 446 million in 2019.