Workers' Compensation has been around for more than a century. It was developed as a grand bargain between labor and employers to ensure that injured workers received appropriate medical care and wage loss benefits while employers received protections against tort lawsuits arising from workplace injuries.
Yet the workplace is vastly different now than it was when Workers' Compensation was conceived. Workers' Compensation has also evolved in some ways, but in other ways it has not kept pace with changing workplace demographics and injury exposures.
There are discussions in our industry around whether Workers' Compensation is still meeting the needs of both employers and injured workers. Even the U.S. Department of Labor and the Occupational Health and Safety Administration have recently questioned the adequacy of Workers' Compensation benefits. Some employers are pushing for an alternative option to Workers' Compensation because they feel it no longer provides suitable protection for employers and injured workers.
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