Which of the following is a major contributor to the increase in workers' compensation costs?
A)injuries to employees while working in foreign countries
B)escalating numbers and seriousness of on-the-job accidents
C)injuries to employees while working at home
D)higher medical costs and fraud

Question

Quizplus · Accepted Answer

Higher medical costs and fraud have been identified as major contributors to the increase in workers' compensation costs. As medical costs continue to rise, insurance companies are paying out more for medical treatments and procedures. Additionally, fraudulent claims impact the insurance industry by increasing costs for legitimate claims, driving up insurance premiums.

Which of the Following Is a Major Contributor to the Increase