Overview of Medical Inflation and Workers’ Compensation -
Inflation began to spike in late 2021 and has continued to rise at a moderate to high rate through 2024. According to the U.S. Bureau of Labor Statistics, as of...more
The U.S. Labor Department reported in May 2024 that 272,000 new jobs were added to the labor force. This significant increase naturally leads to a rise in workers’ compensation premiums due to higher wages and an increase in...more