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Workers’ Compensation Benefits Hit an All-Time Low

It’s no secret that workers’ compensation costs continue to rise. So you may be surprised to learn that workers’ compensation benefits on payrolls have reached an all-time low. That’s according to the National Academy of Social Insurance.

Our workers’ compensation attorneys in Rock Hill and Columbia, SC are always concerned about statistics like these and what they mean for our clients. Here’s what we know.

For starters, costs to employers are increasing at a rate of five times faster than the benefits they’re paying. This is due in large part to lower unemployment numbers. More people are working, and that means more money is being spent to cover them for workers’ compensation.

But these statistics also reflect changes to the workers’ comp laws in a number of states. These changes mean that employees have a harder time getting benefits for injuries they’ve suffered on the job.

Are you facing a battle with your employer over workers’ compensation benefits? If so, it’s time to call an experienced workers’ compensation law firm like Jordan Law Firm. Our lawyers in Rock Hill, SC and Columbia, SC get results. Let us help you get the benefits you deserve. Call us today to schedule your consultation.