Injury Costs Skyrocket, Study FindsChicago
Risk managers are putting a dent in reducing workplace injuries,but the cost of injuries grew faster than inflation between 1998and 2000, according to a survey by a provider of workers'compensation insurance.
While the frequency of disabling workplace injuries fellslightly more than 1 percent between 1998 and 2000, according tothe Bureau of Labor Statistics, Liberty Mutual's annual “WorkplaceSafety Index” found that the total cost of disabling workplaceinjuries was up $42.5 billion.
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