Do you know the true cost of a workplace injury? According to OSHA, employers pay nearly $1 billion per week in workers’ compensation costs, including indirect costs like lost productivity, HR support expenses, training for replacement employees and reputational damage.
Chronic health conditions play a big role in those costs — half of all workers have at least one chronic health condition, and treating an injured worker with a chronic condition costs twice as much as treating one without, according to a study by Travelers Insurance.
