Rate Regulation of Workers' Compensation Insurance
Download or Read eBook Rate Regulation of Workers' Compensation Insurance PDF written by Patricia Munch Danzon and published by American Enterprise Institute. This book was released on 1998 with total page 196 pages. Available in PDF, EPUB and Kindle.
Author | : Patricia Munch Danzon |
Publisher | : American Enterprise Institute |
Total Pages | : 196 |
Release | : 1998 |
ISBN-10 | : 0844739332 |
ISBN-13 | : 9780844739335 |
Rating | : 4/5 (32 Downloads) |
Book Synopsis Rate Regulation of Workers' Compensation Insurance by : Patricia Munch Danzon
Book excerpt: In the 1980s and the early 1990s, America's system of workers' compensation insurance was in trouble. As medical costs grew and benefits and compensable injuries expanded, costs of this insurance skyrocketed. In response, the states imposed price controls, but those controls caused unforeseen--and negative--consequences. The authors define the problems, trace the regulatory responses, and analyze the effects of rate regulation.