What impact does mental health have on workers’ comp?
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Update on the Workers Compensation industry – a $58.5 billion direct written premium industry. YOY growth has slowed for the first time in five years, largely due to rate decreases in 2015 and 2016 according to A.M. Best report.
Workers’ compensation can be an employer’s most variable costs potentially, but are they managing claims and investing into a culture of safety to drive this cost down each year? Here are some factors to consider that will help an employer manage their Workers’ Compensation costs.