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Research brief: Workers Compensation and the Aging Workforce

Industries with highest incidence rates of nonfatal workplace injuries in 2010

Worker's Compensation App

Problem Statement:  Injuries can happen while on the job, resulting in loss of productivity at your company and an employee who may or may not be able to work again. Companies tend to offer wage reimbursement and/or medical benefits, but your real work happens in maintaining the right policies and procedures. Not only do you have to control the costs of the compensation, but how to meet obligations the law requires.

 

Onit Solution: Onit’s Worker's Compensation App will enable your company to know how many claims are out there, where they are in the process, and keep all of the communication between co-workers in one place.

 

Value Prop: While you work to ensure your company provides the best workplace safety efforts, Onit will help make the process easier by putting all of the resources at your fingertips.

 

  1. Companies hire unqualified employees.
  2. There is a disproportionate length of disability.
  3. There are too many employees out of work too long.
  4. Too few resources are dedicated to the problem.
  5. There is a lack of understanding by all parties.
  6. Too little communication with injured employees.
  7. Medical care is not well monitored or coordinated.

Source: AMAXX

 

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According to the U.S. Bureau of Labor Statistics

Nearly 3.1 million nonfatal workplace injuries and illnesses were reported among private industry employers in 2010, resulting in an incidence rate of 3.5 cases per 100 equivalent full-time workers, down from 3.6 cases in 2009.

Source: U.S. Bureau of Labor Statistics

 

 

 

 

 

 

 

 

 

 

 

Resources

Chart Average Benefit Payment per Claim with More Than 7 Days of Lost Time, 2009/2010

 

Source: WCRI

 

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How to Handle a Worker’s Compensation Case

 

Source: GP Solo

 

 

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