13 Nov The Impact of Comorbidities on Workers’ Compensation Insurance Programs
There are numerous factors that can contribute to higher workers’ compensation expenses for an organization. Specifically, one emerging cost driver is the concern of comorbidities.
A comorbidity occurs when an individual experiences multiple health conditions at the same time. The presence of comorbidities within your workforce can carry significant consequences—namely, elevating the severity of workplace injuries and lengthening employees’ recovery time following an injury. These ramifications can, in turn, lead to an increase in both the overall cost and complexity of workers’ compensation claims.