Some Frightening Workers Comp Statistics
Posted by Katrina Paglierani on Tue, Aug 18, 2009 @ 07:16 AM
Did you know?
The median incurred benefits cost for workers compensation cases exceeding 7 days is $31,161.00, not including reserve requirements.
Did you know?
The Difference in Average costs from 12 month marker to 36 months could result in an Average savings of $72,908 dollars per case (Michigan Sample)
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The benefit delivery expenses increased on average 7.8% from 2006-2007 and are continuing to go up.
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Permanent partial disability cases account for an average of 18.6% of workers compensation cases and 46% of cases over cases over 7 days.
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The average total cost per claim on cases greater than 7 days increased 4.8% from 2006-2007.
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We can positively affect your bottom line by decreasing the time and money spent on your most expensive MMI/PPD workers compensation cases.
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In addition to our team of professional job researchers and case managers, we have developed relationships with employers, human resource professionals and other job placement experts over several decades, giving us an inside track to find open positions for your PPD cases that will fit their financial requirements and physical limitations.
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We help close cases in an average of 8-12 weeks.
How much can we save you?