Krasno Krasno & OnwudinjoWhen You Need A Workers' Compensation Or Social Security Attorney
Serving Philadelphia Since 1936
No Fee Unless We Win
En Español

New Study Suggests More Injured Workers Should File for Work Comp

Workers' compensation insurance is meant to provide wage loss and medical benefits to those injured during the course of their employment. When those benefits are not paid by workers' comp insurance, though, the costs are absorbed by others, including by the injured workers themselves.

A recent study published in the Journal of Occupational and Environmental Medicine shows 79 percent of the costs used to cover workplace illnesses and injuries in the United States are not being covered by workers' compensation insurance. The costs are being covered by a variety of other sources, including employer-provided health insurance, Medicare, Social Security, and even the injured employees.

"Workers' injuries and illnesses cost much more than what current workers' compensation payments suggest, and the resulting low premiums provide little incentive for companies to promote workplace safety," said Paul Leigh, the lead author of the study.

In 2007, the price tag for all worker injuries and illnesses was approximately $250 billion, the majority of which was due to lost productivity. Only 21 percent of the total costs were covered by workers' compensation, however.

The study found that injured workers and their families paid for $10.38 billion of the total costs. In addition to the costs directly paid by families, Leigh explained that Medicare and income taxes have increased in order to cover the 79 percent of costs not being paid by workers' compensation insurance.

To avoid these negative consequences, it is important for injured workers to recognize the value of filing for workers' compensation benefits after incurring a workplace injury, both to reduce the costs being incurred by others and to promote safety in the workplace.

Source: Futurity, "Most Job Injury Costs Not Paid by Workers' Comp," Karen Finney, June 1, 2012.

No Comments

Leave a comment
Comment Information
Email Us For A Response

YOU HAVE 120 DAYS TO REPORT A WORK INJURY - DO NOT DELAY! Fill out the form and an attorney will be in touch with you shortly.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Attorneys Recognized For Excellence

Our Philadelphia firm and attorneys have received numerous accolades in the area of workers' compensation law. Several of our attorneys have been recognized by their peers and listed in Super Lawyers since 2006. The Super Lawyers process recognizes the top lawyers in their fields in Pennsylvania.

Since 2010, our law firm has been rated as a tier-one law firm for workers' compensation law claimants in Pennsylvania by U.S. News & World Report — Best Law Firms Edition.

Since 2009, Jason Krasno has been selected to the Best Lawyers® "America's Best" series. The Best Lawyers® award is given only to a handful of attorneys throughout the United States each year. Jason was also selected as a top workers' compensation attorney. You can see the articles on Jason in Newsweek's Aug. 23, 2010, edition.

Krasno Krasno & OnwudinjoWhen You Need A Workers' Compensation Or Social Security Attorney
Serving Philadelphia Since 1936

1429 Walnut Street, 16th Floor
Philadelphia, PA 19102

Toll Free: 877-794-2396
Phone: 215-310-0001
Philadelphia Law Office Map