With California likely to become the third state to restrict the definition of independent contractors, companies that use gig workers face new risks.
The sweeping measure would impose a 15-year cap on benefits for workers with certain injuries, eliminating the current lifetime payout.
The main drivers were drops of 12% in the cost of covering property risks; 6% for workers’ compensation; and 5% for liability.
An ongoing shift to the "capitation" model for reimbursing medical providers leads them to classify more injuries as work-related.
Research finds that a worker’s fear of being fired after an injury has a large and pervasive effect on workers’ compensation costs and worker outcomes.
Some workers' comp doctors have found a new way to dispense drugs from their offices at two to three times the price charged by pharmacies.
Paying attention to job-classification codes may save you thousands in workers' comp premiums.
With bills that would re-up federal terrorism insurance protection in the House and Senate, insurers are warming to the notion of providing coverage.
Potential drains on cash flow and perverse medical and legal incentives make workers' comp worthy of CFO scrutiny.
The case for finance chief involvement in workers’ compensation risks is buried in cash-flow and income statements, as well as balance sheets.
Zeroed in on curbing supermarket injuries, Safeway’s risk manager advises CFOs to install peer-to-peer safety systems to cut workers' compensation expenses.
Doctor dispensing of addictive drugs and surgeon referrals to their own ambulatory surgical centers may be driving up workers' compensation costs.
