Staffing Industry Analysts, using NCCI statistics, produced a study that documents the trend of decreasing accident rates, and increasing work comp expenses.
Here is the link to the summary of this excellent report.
The main reason most rates are increasing for light industrial staffing companies is that health care costs are increasing at a faster rate than the decline in accident frequency.
For this reason alone, most staffing companies should be regularly examining their work comp costs, and determining if they are using the most appropriate and least expensive comp program for their staffing company.
If you are suffering from high work comp rates, contact Work Comp Staffing Solutions for a free quote on a new work comp program, which can help lower your work comp rates. Please visit our web site at www.StaffingCompSolutions.com, call us at 202-302-1212, or email us at david@StaffingCompSolutions.com.
Sincerely
David Schek
President
StaffingCompSolutions.com