Machine generated contents note: 1 Introducton
An Overview of Workers' Compensation
Objectives of the Workers' Compensation Programs
Notes
2 Developments in Workers' Compensation since 1960
Benefits and Costs
Insurance Arrangements
Conclusions
Notes
3 Measuring Employers' Costs
Alternative Measures of Employers' Costs
Cost Methodology
Cost Data
Conclusions
Notes
4 Benefit Adequacy versus Affordability
An Accounting Model of Employer Costs
Cost Regression Model
Regression Results
Benefit Adequacy versus Affordability
Conclusions
Notes
5 Employer Costs
Theoretical Considerations
Regression Analyses
Summary and Conclusions
Notes
6 The Effect of Workers' Compensation Insurance Regulation
Economic Theory of Rate Regulation
Empirical Research on Rate Regulation
Conclusions
Notes
7 The Effect of Workers' Compensation Insurance Regulation
Employer Cost Specification
Employer Costs: Regression Results
Market Structure and Rate Regulation
Market Structure Regressions
Conclusions about the Effect of Deregulation
Notes
8 Insurance Arrangements and Workplace Safety
The Economic Theory of Work Accidents
Injury Rate Regression Model
Regression Results: Public versus Private Provision
The Danzon-Harrington Hypothesis
Injury Rates and Rate Regulation
The Effect of Insurance Arrangements on Injury Rates
Notes
9 Conclusions
Cost Methodology
Benefit Adequacy versus Affordability
Delivery System Efficiency
Injury Prevention
Policy Implications
Notes
Appendix A: Data on Workers' Compensation Costs, Benefits,
and Insurance Arrangements
Appendix B: Insurance Terminology
Appendix C: Detailed Methodology for Measuring Employers' Costs
of Workers' Compensation Insurance
Appendix D: Benefit Index Methodology
Appendix E: The Insurance Cycle
Appendix F: Insurance Commission Survey
Appendix G: Supplemental Regression Results
References
Cited Author Index
Subject Index
About the Institute.