Working to control workers’ compensation bills
June 15, 2017 By Phillip M. Perry
Improving workplace safety goes a long way toward controlling workers’ compensation bills.
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Improving workplace safety goes a long way toward controlling workers’ compensation bills.
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Arecent study of the major causes and costs of workplace injuries and illnesses in the propane industry found the industry to be slightly better on average than other industries as a whole.
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With the average payment for workers’ compensation claims among U.S. propane retailers peaking at $4,800 in 2000, business owners should be taking steps to gain control of these costs. Experts say there are effective ways to reduce the probability and control the frequency and costs associated with workplace injuries, but success requires cooperation from everyone in the organization.
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Here in Ohio, the perception of business conditions among small businesses is falling like the mercury during a January cold snap.
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If you take the humanity out of the process, employees are a lot like equipment. When bulk trucks need repair, fix them promptly and hopefully you won’t lose too many productive days when it’s in the shop.
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According to the Workers’ Compensation Insurance Rating Bureau, lower back injuries remain the single most common type of work-related injury.
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Have you received a call from your insurance agent notifying you of premium increases this year? You will! Prepare to allocate some of your winter profits towards your 2001 renewal.
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