Workers' Comp Costs Bites!

Workers' Comp Costs Bites!

How Four Companies Close Door on Workers' Comp Spending

Here we go again, another ride on the workers' comp roller coaster. In a recent column written by D. Ashley Furness, Business Journal Staff Reporter, "workers'

comp carriers in California charged less than they paid in claims last year and should increase rates by 22.8 percent according to the most recent report by state actuaries." Similar trends are found throughout North America.A main reason for these higher costs is an increase in medical costs per claim. But What is the REAL reason for the continued fluctuations of workers' comp costs? Why is your organization a continual victim of the vagaries of workers' comp costs?

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