Workers' compensation [electronic resource] : benefits, costs, and safety under alternative insurance arrangements / Terry Thomason, Timothy P. Schmidle, John F. Burton, Jr.

Includes bibliographical references (p. 431- 441) and indexes.

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.

Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.