COVID-19 was a top concern for Workers’ Compensation executives at the start of 2021. As the pandemic continued, those in the industry worried about the size and number of claims that could develop. To add to their concern, many states passed compensability presumptions for those who work in industries like healthcare. Those rules state that COVID-19 in certain workers is automatically presumed to be work-related, making it easier for them to file Workers’ Compensation claims.
Despite the state presumptions and the continuing pandemic, the National Council on Compensation Insurance (NCCI) reported that COVID claims made up only 200 out of every 100,000 active claims. According to Insurance Journal, a majority of those who contracted COVID needed limited treatment, and many sick workers took advantage of the availability of Telemedicine, bringing down the cost of claims. Read more here.
Risk Innovations specializes in Workers’ Compensation for all healthcare professionals – from hospitals and assisted living facilities to home healthcare and everything in between. Our carrier partners understand the unique intricacies of these important professions and will work closely with your clients’ to ensure they are properly protected. Contact us for more information.