cost of an injury in the workplace
Related Galleries / Refresh Gallery. The 2014 Liberty Mutual Workplace Safety Index found that the most disabling workplace injuries and illnesses in 2012 amounted to nearly $60 billion in direct U.S. workersâ compensation costs. Thatâs right: $60 billion in direct costs to U.S. businesses. U.S. businesses spend more than $1 billion a week on the most disabling workplace injuries according to the 2014 Liberty Mutual Workplace Safety Index.
Assuming the 6.4% of nonfatal injuries (above) applies to fatal injuries for the self-employed, farm workers in crops and livestock, and domestic workers, then the national estimate for medical costs is $0.31 billion x (1-0.064) or $0.29016 billion. (The $0.31 billion is drawn from the previous study (Leigh, 2011)).