Friedlander Group completed an analysis of the 2021 Wholesale Group of New York Workers' Compensation Claims to come up with the most frequent and costly claims.
In 2021, The Wholesale Group had 267 members. During the year, the group had 83 workers' comp claims with a total value of $1,840,194.
It is worth noting, that the most frequent and costly claims differ in rank. Below is the breakdown of the most frequent and costly workers' compensation claims.
2021 Most Frequent Wholesale Workers' Comp Claims
There were a total of 83 claims. below is a breakdown of their injury causes.
|Slips, Trips & Falls||20 Claims|
|Struck By||20 Claims|
|Materials Handling||9 Claims|
|Caught In/On||9 Claims|
Slips, Trips, & Falls and Struck By claims almost accounted for 50% of all claims, 40 out of 83.
2021 Most Costly Wholesale Workers' Comp Claims
The total value of the 2021 claims was $1,840,194. Below is a breakdown of their injury causes.
|Assault||53% of claims cost|
|Struck By||16% of claims cost|
|Slips, Trips & Falls||9% of claims cost|
|Automobile||7% of claims Cost|
|Materials Handling||5% of claims cost|
|Caught||3% of claims cost|
|Occupational||1% of claims cost|
|Cut||1% of claims cost|
|Other||1% of claims cost|
|Twisted||0.05% of claims cost|
|Exposure||0% of claims cost|
The most costly claim, Assualt, was a one-off claim that had a total value of $977,527. An employee was assaulted while completing a delivery.
The most expensive Struck Byclaim was an employee struck by a forklift.
The most expensive Slip, Trip & Fall claims were often from items left on the floor, changes in elevation (climbing or descending steps, stairs, and vehicles), and wet floors.
Proper Claims Management can help to limit the expense of claims, but accident prevention and achieving zero injuries is the best way to control workers' compensation costs. Keeping your employees working and safe is the ultimate goal of any employer trying to improve their bottom line. Below are Safety Articles to help prevent employee injuries!