Lift n Buddy Profiled by Manufacturing Journalist TR Cutler in WTG Manufacturing and Supply Chain News
The NSC (National Safety Council) reports that a single work-related disabling injury costs an employer an average of $48,000. The National Council on Compensation Insurance (NCCI) estimates, based on 2009 data, that medical costs comprise 58 percent of the overall costs of a lost-time claim, and that number keeps climbing. (In fact, the number has risen 11 percent in the past 20 years.) High medical and pharmaceutical costs are driving this hike, but economic conditions—including workers worried about returning to...
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