According to the National Council on Compensation Insurance, the current recession will lead to less workers’ comp claims, which leads to greater profits for workers comp insurers. Workplace injury insurance is a very profitable business and just becomes more profitable during a recession.
Remember to report your work injury and take full advantage of the insurance that you are entitled to as an employee. Don’t let the work injury insurance companies make a profit off of your unreported injury.
Richard J. Arsenault, 2011
