Workman's Compensation Claim Trends | DJ Products
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Workman’s Compensation Claim Trends

By December 10, 2015 March 10th, 2020 No Comments

Workman’s compensation claims are one of the biggest factors affecting a company’s management of their labor force and costs. Major changes to the national business and healthcare landscapes are expected to have a significant impact on this issue during the upcoming years.

Here’s a roundup of some of the more newsworthy trends taking shape.

  • According to the National Council on Compensation Insurance (NCCI), the number of lost-times claims has been on a downward trend for the last 15 years. However, analysts are predicting an end to this movement with claims beginning to rise in both number and frequency as the nation continues to climb out of the recession of the 2000s.
  • While the full effects of the Affordable Care Act (ACA) won’t be completely known for several years, some believe that it will help reduce workman’s compensation costs. The removal of lifetime limits and pre-existing condition restrictions will result in less shifting of claims from individual healthcare insurance coverage.
  • Another factor with unpredictable effects is the return of military veterans from the Middle East. All soldiers are scheduled to be out of combat zones by 2016, which will create an influx of new employees in the workforce. It remains to be seen how the workman’s compensation system will be impacted when employers need to accommodate employees with existing physical and mental injuries.

Use of our motorized tugs and pushers from DJ Products can help reduce the number of claims in your workplace. Their ease of use and ergonomic design allows one person to safely transport loads up to 50,000 pounds. Call 800.686.2651 and let one of our friendly Sales Engineers help you find the perfect solution.

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