While the majority of workers' comp claims are genuine, a 2021 task force estimated that about 16% of claims are fraudulent, costing insurance companies $9 billion a year. This of course gets passed on to businesses in the form of higher premiums for workers' compensation insurance.
Because of this, it is clearly in the best interest of businesses to ensure that their workers’ compensation claims are legitimate, but how can employers avoid becoming victims of workers' comp fraud?
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