Temporary Workers Comp Benefits – TTD and TPD Analyzed by NCCI
Follow along for a great NCCI analysis of Temporary Workers Comp benefits. See the correction below from NCCI.
NCCI has published many studies recently including wearable technology. It also released its Atlas versions of various manuals. While researching those studies, I came across a great study of TTD (Total Temporary Disability) and TPD (Temporary Partial Disability). Download the PDF version here. Yes, it is worth your time and it costs nothing for the report.
From NCCI- Data Limitation (Still Valid Data)
This brief utilizes data as reported in NCCI’s Indemnity Data Call (IDC), which has more detailed benefit payment information than previously available data sources but is currently limited in claim maturity. As such, this study evaluates TD duration as of 12 months. For context, at the 12-month maturity, 96.7% of all TD claims have gone more than seven days without receiving a benefit payment, indicating that a significant share of TD claimants have returned to work or are receiving permanent disability benefits within 12 months of the accident date.
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The data limitation does not seem that important to me. The Indemnity Data Calls are going to provide a wealth of data in future years.
Example – Temporary Workers Comp Benefits By Industry Type
As expected, the Construction-based industries have the highest temporary workers comp disability payment durations. The dotted line represents the average duration, according to the study. Did you notice something unusual here? The healthcare industry had the lowest duration. I am not drawing any conclusion here other than mentioning that sector post-pandemic.
Correction – From Cristine Pike, NCCI Communications Director
The 96.7% refers to the percentage of claims that have NOT received a benefit payment in the last 7 days one year from the accident/claims that receive TD benefits.
So that means 3.3% of claims have received a temporary benefits payment in the last week one year from the date of the accident. Christine emailed me the article correction a few minutes ago. The stat is still surprising even if it is not “the other side of the coin.” So that is my once-per-year mistake. :) Sorry to publish anything misleading or inaccurate.
