New Yorkers have the right to file a workers’ compensation claim for illnesses and injuries suffered on the job. Despite a general understanding about the possibility of an employer covering medical expenses if you get hurt at work, you might not know much about the system designed to protect employees.
Claim frequency can be a powerful factor in determining the cost of workers’ compensation insurance, settlement amounts and a need for increased workplace safety measures.
What does research suggest?
According to the New York Compensation Insurance Rating Board (NYCIRB), missed hours from work have declined since 1996. A study of claim frequency shows:
- Claims may represent a shift from higher-risk industries, such as manufacturing, toward safer professions like contracting.
- The most common cause of injury claims, strains, have declined more rapidly than other types of injuries. Slip, trip and fall injuries, as well as those related to motor vehicle accidents, represent the most severe causes of job-related injuries and relatively slight frequency declines.
- Claims larger than $100,000 are more common among workers in their forties and fifties than for employees in other age groups.
These statistics neither include claims related to the September 11, 2001 terrorist attacks nor the pandemic. Also, keep in mind that not all workplace risks are equal.
Workers’ compensation class codes
Employees share a concern about their individual well-being regardless of their job title. Insurance companies, meanwhile, categorize workers according to their estimated risk.
Business owners must have adequate coverage for those in their employ. However, the benefits you receive for injuries should apply to your needs, regardless of your employment position.