Doctor with older patient Older workers may have more complex health issues that require additional care and attention. (Photo: Shutterstock)

As the U.S. work force continues to age, this will affect how workers’ compensation claims are handled. The Bureau of Labor Statistics estimates that over the next five years, the percentage of people over the age of 45 in the U.S. workforce will increase to over 40% and the number of workers 55 or over will grow an estimated 25%.

In the near future, approximately two out of every five workers will be 45 or older. Concomitantly, approximately one out of every four workers will be 55 or older in the coming years. As the workforce ages, we should anticipate the effect this will have on both the types of workers’ compensation claims being reported, as well as how these claims are handled.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2023 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.

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.