“I lost a hand. I didn’t lose a hook”: Inside the crippling decline of workers’ compensation

March 6, 2015 9:46 AM

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“I lost a hand. I didn’t lose a hook”: Inside the crippling decline of workers’ compensation

The changes, often passed under the banner of “reform,” have been pushed by big businesses and insurance companies on the false premise that costs are out of control.

In fact, employers are paying the lowest rates for workers’ comp insurance since the 1970s. And in 2013, insurers had their most profitable year in over a decade, bringing in a hefty 18 percent return.

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