LynchRyan.com
Title
Lynch Ryan - Workers Compensation Programs to Control Costs
Description
Excerpted from the website:
- Massachusetts (and for the most part, the rest of the nation) suffered through a severe workers’ compensation crisis from the early 1980s through the mid 1990s. During this period, workers’ compensation premiums, which historically totaled approximately 1% of payroll, were running generally 3% to 4% and, sometimes, more. Insurers seemed incapable of reining in the high costs of claims, which were driven primarily by indemnity wage replacement, rather than medical, costs. Attorney involvement was disproportionately high, and mid-to-high five-figure settlements were common. Soft tissue injuries, sprains and strains, were the leading causes of losses, and, more often than not, after months of absence, employees who suffered such injuries never returned to the same employer, let alone the same job.
Languages
English
Address
- 110 Turnpike Road, Suite 300
- Westborough MA 01581 US
Contact
- Lynch, Ryan & Associates
- 508 366 7516
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