Search
 

Workplace injuries can impact finances for decades

More than 10 percent of medical benefit costs for workplace injuries that occur this year can span for more than two decades, according to a report from the National Council on Compensation Insurance.

By Amanda McGrory-Dixon | Updated on February 10, 2013

More than 10 percent of medical benefit costs for workplace injuries that occur this year can span for more than two decades, according to a report from the National Council on Compensation Insurance.

“A serious workplace injury can have a serious financial impact on an injured person for decades,” says Shehzad Ahmad, lead attorney for California Law Associates. “Too often, too many people only think about the short-term costs associated with a workplace injury – emergency medical care, short-term physical therapy. What they don’t realize is certain: Serious workplace injuries can change someone’s life forever in an instant. They might require medical care for the rest of their lives, and people need to keep that in mind when dealing with the injured person’s employer and insurance company.”

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 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.

Dig Deeper

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

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

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.