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Workers' comp trends to keep an eye on in 2017

Brokers are key players in helping companies find the resources to address cost drivers of workers compensation.

By Scott Wooldridge | Updated on November 15, 2016
Let's get the bad news out of the way first: There continues to be a high number of claims, and that will lead to higher premiums. (Photo: iStock)

Workers’ compensation continues to be a major concern for employers, and while some industries have more claims than others, all have concerns about the associated costs.

For brokers, the challenge continues to be how they can help clients at a time when rising health care costs seem “baked in” to the cost of doing business. But even as health care costs steadily rise, strategies to decrease risk and moderate premiums in the workers’ compensation arena continue to evolve.

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