California Manufacturers – Workers Compensation costs & benefits

A leading Manufacturers publication reports that California is second to last in Work comp costs and benefits as measured by various Institutes, academies and government sources. The Industry Week Workers Compensation Expense report is basically reporting that Arizona comes out on top of all states for lowest Workers Compensation costs, and near the highest injured employee benefits. You have to click on the Workers Compensation rankings link within the article to see the full results, and if you do, look right at the bottom to see that California is second to last, just above Alaska.

For those of you employing Manufacturing staff, (and purchasing Workers Comp coverage in California),
this is probably not a surprise to you.  

The article is helpful because it encourages Manufacturers to evaluate their Work Comp coverage and insurance carrier support. It also encourages employers to review employee safety options and education.

There’s a saying for those of us who help employers improve their Workers’ Compensation plans; the happier your employees, the lower your rates. Basically, after all is said and done, do everything you can to keep your staff safe, value them, and you’re likely to find that the happier they are, the less likely they are to burden you with careless or persistent claims.

I welcome input and comments from Manufacturers and other employers located here in California who don’t have the opportunity to pull up stakes and move to Arizona. Best wishes to all readers for Happy Holidays!!

Mike Vrchota
Commercial Insurance Specialist