Year in Review

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Far below normal precipitation has caused a drought and increased fire danger levels. All of Connecticut is currently in a Stage 2 Drought Advisory. Residents are encouraged to be mindful of water consumption and use extra caution to prevent fires. An emergency burn ban remains in effect at all state parks, forests, and wildlife management areas, prohibiting the use of all outdoor grills, firepits, campfires, etc.

Year in Review

During Fiscal Year 2024, the Second Injury Fund:

Assessment rates for insured employers will remain at 2.25%; and the rate for self-insured employers will be 2.75%.

Provided $17.1 million in indemnity, medical and settlement payments to injured workers. The number of injured workers receiving bi-weekly benefits (indemnity payments) decreased 6% from 173 a year ago to 162.

Achieved a total of 139 settlements at a cost of $4.5 million through June 30, 2024.

Realized a total savings of $1.4 million in medical costs, using a Preferred Provider Organization Network offered by contracted medical vendors.

Reserves (estimated unfunded liability) for all open claims was $168 million, a decrease of $16 million (9%) from a year ago. As of June 30, 2024, the Fund's open claim inventory was 2,882.

Worked with the Second Injury Fund Advisory Board to help the Fund carry out its mission.

SIF Claims 2019