Category

Workers’ Compensation

Opioids cost employers $96B in lost productivity: Study

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U.S. employers lost $96 billion in lost productivity costs between 2015 and 2018 due to the opioid epidemic, according to a study released Tuesday by the Society of Actuaries. The Schaumburg, Illinois-based association concluded that costs associated with absenteeism, reduced labor force participation, opioid-related incarceration and employer costs for workers compensation and disability benefits make up 15% of total costs…

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OSHA proposes beryllium standard changes

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The U.S. Occupational Safety and Health Administration has proposed changes to its current beryllium standards in the shipyard and construction industries, the agency announced this week. The proposed changes will ensure consistency with general industry standards based on the agency’s July 2017 final rule clarifying requirements for materials containing trace amounts of beryllium, according to an OSHA news release. The…

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Illinois Department of Labor Releases Top 5 Safety Violations for Illinois Fire Departments

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Worker safety is the primary mission of the Illinois Occupational Safety and Health Administration (OSHA), a division of the Illinois Department of Labor. Documenting dangers is one way to avoid them in the future. With that in mind, Illinois OSHA is releasing the Top 5 safety violations Illinois fire departments received in fiscal year 2019. “We hope that by pointing…

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Reviews of psych claims in comp increase

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Requests for independent medical examinations for workers compensation claims with a psychological condition are rising, in part due to greater awareness of post-traumatic stress disorder and an increase in workers seeking treatment for depression and anxiety in conjunction with a physical injury, experts say. While exact numbers are hard to pin down and the increases vary by state, psych IMEs…

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Olin Corp. asks for toxic chemical action dismissal, claims covered under work comp statutes

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A widow is barred from taking action over the death of her husband because the claim falls under the “exclusive remedy” provisions of Illinois’ workers’ compensation statutes, the deceased man’s former employer argues. Cathleen Shelton, on behalf of the estate of her husband, Michael, filed suit against Olin Corporation, claiming the company failed in its duty of care by exposing…

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Treat each claim as unique; look at whole picture: Experts

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Stepping back to look at the whole picture when evaluating a claim and treating each case as unique is important for determining the best course of action, said legal experts in a presentation Monday at the Chicagoland Risk Forum at the Marriott Magnificent Mile in Chicago. Claims are as unique as snowflakes, and depending on the circumstances, when the defendant…

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Workers comp premiums drop, but industry remains healthy: S&P

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Workers compensation insurers’ year-over-year premiums have declined so far in 2019, according to a market intelligence analysis from S&P Global Inc. released Monday. Fourteen of the top 20 workers compensation underwriters reported premium declines in the first half of 2019, and total comp premiums for the industry declined to $27.03 billion — down 2.8% compared with the previous year —…

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Employers still catching up on updated fall protection rules

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Employers continue to struggle with fall prevention and protection more than two years after federal regulators updated workplace safety rules in an effort to reduce fall-related fatalities, experts say. With falls killing more workers than ever in recent years, employers should place a renewed focus on reevaluating and managing the risk, they say. “I think (employers) are still getting the…

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Pharmaceutical costs per claim down nearly a third: WCIRB

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Overall workers compensation medical payments have continued to decline, according to the Workers Compensation Insurance Rating Bureau of California’s statewide Workers Compensation Aggregate Medical Payment Trends report, the bureau announced Tuesday. The report compares medical payment information from 2016 to 2018 and also analyzes utilization and cost of opioid prescriptions over time and by region. Medical payments for pharmaceuticals and…

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