Workers’ compensation claim severity has continued to rise during the past 20 years, making it a key cost driver for managing organizational risk. Shifting age demographics and the effect of age on claim costs are two notable factors contributing to this escalation in cost.
In this white paper, Lockton’s analytics experts will discuss the impact on risk management. Research evaluates a large base of workers’ compensation claim trends to provide insight on how age impacts total costs. Our experts then share recommendations on how companies can adjust their programs to consider the needs of all generations in their workforce.
This is one in a series of Lockton white papers that will help employers optimize risk management, employee benefits and retirement programs with a multigenerational workforce in mind. Read an overview here.
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