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Have Increases in Workers’ Compensation Benefits Paid for Themselves?

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Benefits, Costs, and Cycles in Workers’ Compensation

Abstract

Since the early 1970s there has been a dramatic change in the market for hazardous jobs. The government began direct control of workplace technology through occupational safety and health regulations,1 while the judicial system became an active player in the area of ex post compensation of job risks. This compensation for long-term health risks, particularly for asbestos workers, may run in the tens of billions of dollars.2

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© 1990 Kluwer Academic Publishers

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Moore, M.J., Viscusi, W.K. (1990). Have Increases in Workers’ Compensation Benefits Paid for Themselves?. In: Borba, P.S., Appel, D. (eds) Benefits, Costs, and Cycles in Workers’ Compensation. Huebner International Series on Risk, Insurance, and Economic Security, vol 9. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2179-5_1

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  • DOI: https://doi.org/10.1007/978-94-009-2179-5_1

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-7476-6

  • Online ISBN: 978-94-009-2179-5

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