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CONTROLLING WORKERS’ COMPENSATION COST …

CONTROLLING . WORKERS'. COMPENSATION cost . A. RISK management . PROGRAM. Ronald J Lott PA, MSed, MPH, President Risk management . Associates A Division of RM Consultants, Health Inc. A. CONTROLLING Workers' COMPENSATION cost a Risk management Program Introduction According to the Bureau of Labor Statistics, in 1998, million nonfatal injuries and illnesses were reported in private industry workplaces. Of these, a total of million workers 56. percent of whom were between the ages of 25 and 44 lost time from work as a result of their injuries or illnesses. Although it is difficult to determine national figures on return-to-work and its impact on workers' COMPENSATION settlement values, a large portion of the workforce is out of work and someone is paying for it. The challenge of managing the rising cost of workers' COMPENSATION requires the integration of a traditional Risk management Process.

Controlling Workers’ Compensation Cost a Risk Management Program Introduction According to the Bureau of Labor Statistics, in 1998, 5.9 …

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