Some Interesting Workers’ Compensation Facts and Tidbits

Update By: Jonathan Stelly
Date: August 7, 2013

The average annual cost of a workers’ compensation claim exceeds $1,000,000 when factoring in direct and indirect costs.
~US Dept of Labor

In Louisiana, committing workers’ compensation fraud is a felony and punishable by up to five years in prison and a $5,000 fine.
~LA R.S. 22:1924

Workers’ compensation fraud costs businesses approximately $7.2 billion a year.
~National Insurance Crime Bureau (NICB)

Workers’ compensation fraud is the second costliest type of crime in America, after tax evasion.
~Louisiana Workers’ Compensation Corp

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