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Mental Injuries- Part 3: Implications for Disability Insurers and Workers’ Compensation

Workers' Compensation Perspectives

The apparent rise in mental disability claims is a significant issue for disability insurers and workerscompensation systems. The observed rise in workerscompensation claims for mental injury must be interpreted in context. Handwringing over costs often misses this underlying premise.

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Are workers’ compensation laws keeping up with changing demographics?

Workers' Compensation Perspectives

For more than twenty years I have been speaking about demographic change to workerscompensation insurers in the hopes of spurring policy changes in advance of an aging workforce and greater numbers of older workers in the workplace. Workerscompensation and occupational health and safety are not keeping pace.

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Are Workers’ Compensation benefits protected against the rising cost of living?

Workers' Compensation Perspectives

Workers with permanent disabilities often don’t have those options. The monthly workerscompensation amount they receive may have sustained them initially but unless it is adjusted for the cost of living, permanently disabled workers will see the buying power of their workerscompensation income decline with each passing year.