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Books > Social sciences > Sociology, social studies > Social welfare & social services > Welfare & benefit systems
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Rate Regulation of Workers' Compensation Insurance (Paperback, New)
Loot Price: R372
Discovery Miles 3 720
You Save: R24
(6%)
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Rate Regulation of Workers' Compensation Insurance (Paperback, New)
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List price R396
Loot Price R372
Discovery Miles 3 720
You Save R24 (6%)
Expected to ship within 10 - 15 working days
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In the 1980s and 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. Their study illuminates how
rate regulation set up to control the cost of workers' compensation
insurance reduced incentives for safety and cost control and
subsidized high-risk activities and firms at the expense of others.
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