More than 3.5 million workplace injuries and illnesses occur each year in the United States, costing an estimated $250 billion annually.
In response, Apprentice Personnel has taken its risk-management program to the next level, earning official recognition from the state of Colorado’s Division of Workers’ Compensation for its efforts to protect workers.
The state awards its Premium Cost Containment Program certification only to companies that find ways to control workforce injuries and insurance-related costs.
The certification required Apprentice Personnel to meet a number of state requirements, including:
- Implementing an organization-wide loss-prevention and loss-control policy.
- Creating a safety committee that works to identify unsafe conditions and practices and investigates all accidents.
- Establishing a set of practices designed to ensure hazards are identified and accident-prevention rules are clearly communicated.
- Providing safety awareness and loss-prevention training for all employees.
The state legislature enacted the program in 1989 because of alarming increases in the number of injuries and resulting costs of workers’ compensation to Colorado employers.
Employers received good news this year when the Colorado Division of Insurance approved a 2.4 percent reduction in the “loss costs” component of workers’ compensation premiums for 2017, following a decline in the number and severity of workplace accidents.
“Employers in Colorado continue to do a good job of preventing workplace incidents in the first place, which helps everyone in keeping workers’ compensation costs down,” Marguerite Salazar, the state’s insurance commissioner, said in a statement.
Loss costs include the medical payments and lost wages provided to injured workers. They are influenced by the number of claims, the severity of injuries, recovery time and healthcare inflation.
About the Author
Will has enjoyed a 20-year career in leadership positions in the hospitality and travel industry throughout the U.S. with the Hyatt, Sheraton, Hilton, Renaissance and Steamboat Ski and Resort corporations. Will received a Bachelor of Science degree from the University of Massachusetts at Amherst. From 2000-2007, he served as President and CEO of the Greater Colorado Springs Chamber of Commerce. He also served as Vice President-Special Projects for the University of Colorado Foundation from 2007 to 2009. Will is a past Chair of the Board of Directors of the National Homeland Defense Foundation and former member of the United States Chamber of Commerce Committee of 100. He is married to Nan, has five wonderful children, and enjoys coaching, traveling, hiking, golfing and skiing.