June/July 2022 Volume 20, Number 3 | |||||
Thirty-Five Percent of Comp Injuries Happen the First YearThere’s a better than 1 in 3 chance if an employee has an injury, it will be during their first year on the job. That’s according to the 2022 Injury Impact Report just released by The Travelers Companies, Inc., the nation’s largest workers compensation insurer. Most Common and Costliest Claims
TThe most common causes of first-year injuries were overexertion (27% of claims); slips, trips and falls (22%); being struck by an object (14%); cuts and punctures (6%); being caught in or between objects (6%); and motor vehicle accidents (6%). Industries Most Affected The restaurant industry experienced the most claims from first-year employees, with 53% of the claims involving the newest workers and representing 47% of total claim costs. The construction industry was a close second, with nearly half of all claims coming from those who were new to the job, driving 52% of the industry’s claim costs. Missed Workdays
First-year injuries led to more than 6 million lost workdays over the five-year period studied, representing 37% of all lost days. Among all worker injuries over the same period, construction workers on average missed the most workdays (98) due to an injury, followed by employees in transportation (88) and those in services (69), which includes businesses such as legal, engineering and accounting firms. About the Injury Impact Report Travelers analyzed more than 1.5 million workers compensation claims it received between 2015 and 2019 from a variety of industries and business sizes. Findings were based solely on indemnity claims, where the injured employees could not immediately return to work and incurred medical costs. This is the second analysis of its kind conducted by the company. The first was in 2016 and included data between 2010 and 2014.
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Five Ways Data Analytics is Helping Improve Workers Comp Claims Thirty-Five Percent of Comp Injuries Happen the First Year Is Bariatric Surgery Covered by Workers Comp? Updates on Marijuana Legalization, PTSD Claims and Lump Sum Settlements
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