Delaware Business Insurance Update by CNC Insurance Associates Inc. " Part Time Workers May Create Higher Work Comp Risk"

Recently Wal-Mart announced an elimination of health insurance for their part time workers. This goes along with many other large corporations shifting full time positions to part time and eliminating health insurance and other benefits. This all in the name of reducing costs as health care premiums and regulation costs from the ACA , are putting earnings pressures on business. Now experts are warning that the shift to part time could create more work comp claims. Part time workers are less likely to be properly trained or have continual training. In addition part time workers are less likely to be " conditioned " to the rigors of  the job which could increase work comp frequency. Many experts are predicting that any cost savings,  could be wiped out by the increase costs of comp claims.  So what are business owners suppose to do? The best risk management advice is to take some of the savings and invest in safety training and education for part time employees. Also find ways to help part time employees access health insurance through the ACA or the private market.
With safety training and a helpful hand finding health insurance, employers can prevent the spike in work comp claims that part time employees may bring to the job. Until next time be careful out there and know your risks.

By G. Kevin Nemith President, CNC Insurance Assoc., and the Small Business Insurance Center
Serving DE, MD, VA, NJ & PA
www.cncinsurance.com
www.bizinsurancetv.org

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