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Common Workplace Accidents Result in Costliest Claims

After examining 1.2 million workers compensation claims from 2017 to 2021, a new survey from Travelers found the most frequent causes of injury as follows: 

  • Overexertion  (29% )
  • Slips, trips and falls  (23%)
  • Being struck by an object  (12%)
  • Motor vehicle accidents  (5%)
  • Caught-in or caught-between hazards  (5%)

“There are tangible consequences to any injury, and many include long-term, sometimes permanent, effects,” said Chris Hayes, assistant vice president of Workers Compensation and Transportation, Risk Control, Travelers, in a statement. “By understanding where the risks were in the past, businesses can better identify what to look for and tailor their risk management and employee safety strategies accordingly to help prevent injuries from happening.”

Looking at severe claims ($250,000 or more), the top drivers were:

  • Slips, trips and falls
  • Overexertion
  • Being struck by an object
  • Motor vehicle accidents
  • Caught-in or caught-between hazards

As has been the case in the past few years, 35% of workplace injuries occurred during an employee’s first year on the job. For 2023, this resulted in six million missed days.

Lost workdays by specific injuries are as follows:

  • Construction (103 days)
  • Transportation (83 days)
  • Services (72 days)
  • Wholesale (71 days)
  • Manufacturing (67 days)

Looking at the number of injuries which lead to lost days the data showed:

  • Dislocation  (142)
  • Fractures  (92)
  • Inflammation  ( 85)
  • Strains and sprains  (54)
  • Contusions  (30)

In the wholesale sector, lower back injuries were the most common followed by shoulder injuries. In manufacturing shoulder injuries were the most frequent injury. And in small businesses the most common injuries were slips, trips and faults. 

In terms of expense of claims, the survey showed that construction workers compensation claims were the most expensive at almost double the average of all industries.  

“Factors such as inexperience, workforce shortages and maintenance issues are all contributing to these unfortunate and often avoidable accidents,” said Rich Ives, senior vice president of Business Insurance Claim at Travelers. in a statement. “While the number of injuries overall has been trending downward in recent years, our analysis shows that there’s never been a better time for businesses to invest in workplace safety and injury prevention.

How can I control my budget?

Hustle and Cashflow is a blog that aims to educate millennials on personal finance. What allows to differ from other personal finance blogs, is how we chose to communicate bersonal finance and money to millennials using humour and relatable language while providing quality information about how to deal with money and sharing stories of young people overcoming their financial struggle

PHILIP REYES

Improve your communication and skills

Hustle and Cash is a blog that aims to educate millennials on personal finance. What allows to differ from other personal finance blogs, is how we chose to communicate bersonal finance and money to millennials using humour and relatable language while providing quality information about how to deal with money and sharing stories of young people overcoming their financial struggle

It often make reference to pop culture and the latest internet jokes, allowing our readers to have a place to learn and develop a sense of community.

  • Get yourself comfortable.
  • Manage your workspace and organize your desk.
  • Adjust the work/life balance.
  • Keep In touch with your co-workers.

How can I control my budget?

Hustle and Cashflow is a blog that aims to educate millennials on personal finance. What allows to differ from other personal finance blogs, is how we chose to communicate bersonal finance and money to millennials using humour and relatable language while providing quality information about how to deal with money and sharing stories of young people overcoming their financial struggle

It often make reference to pop culture and the latest internet jokes, allowing our readers to have a place to learn and develop a sense of community.

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