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Eagle Point School District reports rising workers— compensation costs; board discusses targeted training to reduce slips, trips and falls
Summary
The district—s business manager told the board July 30 that workers— compensation costs are rising after 74 claims with time loss over five years, the district is already about $110,000 over its insurance budget and staff plan targeted training and incident tracking to reduce future costs.
Eagle Point School District 9—s business manager told the board July 30 that the district—s workers— compensation costs have risen sharply and will affect budgets for the next several years. The district reported 74 claims with time loss over the past five years and said its experience modifier has moved from 0.71 to 0.96 and now to 1.23; workers— compensation costs are up about 25 percent and the district is already approximately $110,000 over budget for insurance.
The numbers matter because the district—s insurance multiplier is calculated on a trailing multi-year basis, meaning losses from several years can continue to raise rates. The business…
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