Workers Compensation

Workers Compensation is a program to provide benefits to workers who are injured or become ill while on the job and/or as a result of the job.

What are the most common causes of workers compensation?

Although workplace incidents have decreased over time as technology and equipments improve, they still remain a prevalent issue. According to U.S. Bureau of Labor Statistics, the number of cases have dropped from 3.6 nonfatal cases / 100 employees in 2009 to 2.8 / 100 employees in 2019.

The most frequent causes of injuries are as follows:

• 31% - due to a reaction to overexertion for e.g lifting objects or performing repetitive motions
• 28% - Falls, slips and trips
• 25% - Contact with objects or equipment
• 6% - Transportation incidents
• 5% - Violence and other injuries caused by a person or an animal
• 4% - Exposed to harmful environments or substances

How Much Does Workers' Comp Cost?

Since each state has its rules and mandated programs and benefits, the cost of workers' comp insurance varies by state. The rates also basis the fact whether the job is low-rish or high risk.