Schedule Loss Costs 1992 - 2016

In 2016 and 2017, business and insurance interests mounted a campaign to slash “schedule loss awards” – compensation paid to injured workers for permanent loss or loss of use of a limb (such as a hand, foot, arm, or hand). They claimed that these awards were a high cost to employers and insurance companies that had to be reined in. In response, we wrote a white paper outlining the trends in schedule loss costs over twenty-five years from 1992 through 2016. The paper showed that schedule loss awards were not an outsized cost to employers, and are instead fair compensation for injured workers.

Read The Article Here…Schedule Loss Costs 1992 – 2016 – Jan 2017