NU Online News Service, Jan.18, 12:38 a.m. EST
The workers' compensation indemnity costs for injured workers aged 65 and older are generally lower than younger employees because they are generally paid less, according to a new study.
That finding came in a detailed new report on older workers' injury claims by the National Council on Compensation Insurance, which noted that the number of workers 65 and older has increased by nearly 50 percent since the late 1980s and is likely "to increase in light of recent financial and economic disruptions."
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 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.
