In an economy where cost control is prized, U.S. companies continue to absorb more than $50 billion annually in workers compensation costs. According to the 2013 Liberty Mutual Workplace Safety Index, workplace injuries and illnesses amounted to $55.4 billion in direct workers compensation in 2011. That’s more than a $1 billion outlay per week for U.S. businesses and it doesn’t include the indirect costs associated with workplace injuries and illnesses.
Workplace Safety Index
The Workplace Safety Index gathers information from workers compensation claims, the U.S. Bureau of Labor Statistics, and the National Academy of Social Insurance and identifies the top causes of workplace injuries and illnesses.
Based on statistics from 2011, the index reported that the top 5 workplace injuries and illnesses cost U.S. companies $37.5 billion or 67.7% of the national workers compensation burden.
Top 5 Workplace Injuries
- Overexertion was found to be the leading cause of workplace injuries accounting for more than a quarter of total workers comp burden and costing businesses $14.2 billion annually. Overexertion injuries include occupational injuries related to lifting, pushing, pulling, holding, carrying, or throwing resulting in musculoskeletal disorder.
- Falls on same level is next with direct workers compensation costs of $8.6 billion accounting for 15.4 percent of the total workers compensation burden.
- Struck by object or equipment ranked third costing U.S. companies’ $5.6 billion in costs.
- Falls to lower level came in at fourth highest totaling $4.9 billion.
- Other exertions or bodily reactions ranked fifth costing $4.2 billion and includes injuries resulting from bending, crawling, reaching, twisting, climbing, stepping, kneeling, sitting, standing, or walking.
Ergonomic-related injuries that result from overexertion and other exertions costs U.S. companies $18.4 billion combined or a third of national workers compensation burden. While there are a multitude of causes to employee overexertion, one of the most efficient preventative measures is a fit, agile workforce. The problem for most companies is finding a program that is both results-oriented and includes all employees no matter their fitness level.
InjuryFree’s Employee Maintenance Center (EMC) is just such a program. It utilizes the latest technology from ergonomics, physical/occupational therapy, and sports rehabilitation to both prevent and rehabilitate overexertion-related injuries onsite.
The program has been installed at companies from medium-size offices to Fortune 500 manufacturing facilities. In the majority of EMC installations, the employee participation rate is more than 80% of the workforce in large part to InjuryFree’s non-invasive approach. In as little as 15 minutes per day, employees can increase their strength and correct muscle imbalances that contribute to overexertion injuries or rehabilitate injuries in-house and reduce direct medical costs.
Contact us now for a free, no-obligation cost-benefit analysis and find out how you can reduce workers compensation and medical costs while improving productivity and reducing absenteeism at your facility.