Workers' compensation continues to be a major concern foremployers, and while some industries have more claims than others,all have concerns about the associated costs.
For brokers, the challenge continues to be how they can helpclients at a time when rising health care costs seem “baked in” tothe cost of doing business. But even as health care costs steadilyrise, strategies to decrease risk and moderate premiums in theworkers' compensation arena continue to evolve.
Looking ahead to 2017, brokers will have plenty of opportunitiesto assist businesses in finding ways to keep workers' comp premiumsin check.
Premiums are still rising
Let's get the bad news out of the way first: There continues tobe a high number of claims, and that will lead to higherpremiums.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
