What’s driving the rise of psychological well being in employees’ compensation?

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What is driving the rise of mental health in workers' compensation?

As of January 2024, 31 states, plus the District of Columbia, permit employees to file claims for psychological well being circumstances arising from work-related elements, in accordance with new information from IB+. That is accompanied by a lower in employees’ compensation premiums and losses to $42 billion and $19 billion, respectively, in 2024, down from $45 billion and $20 billion, respectively, the 12 months earlier than.