Filed Under:Risk Management, Loss Control

Opioids Driving Workers’ Comp Costs, Lockton Says

Keith Rosenblum, senior risk consultant, Lockton
Keith Rosenblum, senior risk consultant, Lockton

Prescription opioids are a major reason for the skyrocketing cost of workers’ compensation insurance, as evidence points to harmful consequences from the long-term use of the medication, says a report from insurance broker Lockton.

In a report titled, “Opioids Wreak Havoc on Workers’ Compensation Costs,” Keith E. Rosenblum, senior risk consultant for Lockton Companies, says the abuse of opiates by injured workers is a major problem, both in terms of cost and individual health.

Featured Video

Most Recent Videos

Video Library ››

Top Story

PIA's national president was born to insure

Robert W. Hansen Jr., a fourth-generation insurance professional, reflects on what drives him to keep selling after more than 30 years in the business.

Top Story

Taiwan earthquake collapses two high-rises. Shoddy construction investigated

The Taiwanese government has ordered an investigation into a building's collapse, as images show tin cans built into the walls of the toppled complex.

More Resources

Comments

eNewsletter Sign Up

PropertyCasualty360 Daily eNews

Get P&C insurance news to stay ahead of the competition in one concise format - FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.