For many industries, the biggest financial and personal losses are not due to accidents or hazardous working environments but rather from the repetitive lifts, pushes, pulls, gripping, and pinching that over time result in pain and eventual dysfunction.
- Strains and sprains have undoubtedly adversely affected your company.
- For most companies, approximately 40% of their workers compensation claims are due to strains and sprains.
And while the frequency of lost time claims continues to decline each year, indemnity costs have grown. The average indemnity cost per lost time claim has grown faster than both wage and medical inflation—particularly since 2008. This paper explores the reasons and what you can do about reducing these workers compensation costs.