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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 workers’ compensation insurers in the hopes of spurring policy changes in advance of an aging workforce and greater numbers of older workers in the workplace. Workers’ compensation 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

The monthly workers’ compensation 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 workers’ compensation income decline with each passing year. And exactly whose basket we are considering can make a big difference.