Economic Stress Tests Workers’ Comp Plans

Denise GillinHealth Benefits, Insurance, Risk Management, Third Party Claim Administration

By John Lacy for LeadersEdge.com

With prevailing economic pressures widely expected to persist, more and more businesses will consider different ways to adapt, including the possibility of smaller, less skilled, and/or over-burdened workforces.

These additional stresses could increase the risks of on-the-job injuries and, in some cases, jeopardize the ongoing well-being of the business. The good news for business owners is that those companies willing to proactively refine and manage their workers compensation program can take steps to mitigate losses, thus keeping their workers safe and protecting their business interests.

Read how a robust workers’ compensation program is a basic tenet of successful risk management>>>

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