The Soaring Costs of Workers' Comp
The article states that despite rigorous efforts to control costs and prevent accidents, employers still are seeing staggering premium increases. The article discusses why the costs keep climbing, and what some companies are doing about it. While whopping increase may be unusual, the company is one of a growing number of firms that are experiencing huge jumps in workers? comp insurance premiums. It included the usual solutions such as workplace accident prevention, effective claims management, and returning employees to work as soon as medically possible. Some companies have instituted intensive ergonomics and safety programs and aggressively manage claims filed by injured employees.