Business Insurance
Full article on: businessinsurance.com
Despite recent stability in the workers’ compensation industry, today’s turbulent business climate leaves risk managers with plenty to consider heading into 2026. While reduced claim frequency may have helped contain short-term costs, organizations still face significant headwinds—from rising medical expenses and talent shortages to vendor complexity and regulatory ambiguity.
These uncertainties become even more pronounced when planning for the most serious events. Although rare, a single catastrophic workplace injury can have a tremendous impact, both operationally and financially. This is especially true as catastrophic care grows more expensive and complex, driven by medical inflation, increased survivability, emerging technologies, and a broader range of recovery needs.
As you shape the next evolution of your claims strategy—and evaluate the resources, capabilities, and partnerships needed to support it—consider the following strategic inputs.
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