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Volume 27, Issue 1

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June 24, 2013

Number one concern of employers: Post-accident cost control

The result is included in a recent survey of more than 3,000 employers by Zywave, a provider of software as a service technology solutions for the insurance and financial services industry. It was conducted during the first quarter of 2013.

The survey showed 53 percent of employers are very or somewhat concerned about post-accident cost control while 50 percent are concerned about risk control in the form of accident prevention. However, when asked for the most effective measure they take to control workers' comp costs, having a safety-minded culture was mentioned by 69 percent of respondents, although only 26 percent rank safety incentives as effective or highly effective. Also, 34 percent say they do not have a written safety manual.

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http://www.riskandinsurance.com/story.jsp?storyId=533354392&topic=Main

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