As an employer, are you doing all you can to protect your company from the impact of workers' compensation claims? Injuries will happen, but here are some of the dynamics you should know about, as well as solutions from workers compensation experts.
Small injuries, big claims
Frank Pennachio, co-founder of The WorkComp Advisory Group says the most challenging claims he sees are "strains and sprains of backs, necks and joints," because they amount to about 8 percent of all injuries, yet they represent 80 to 90 percent of the costs in the system.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.