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If the office assistant earns $500 per week, the cost of insuring them is approximately $1.50 every week. The cost for Workers' Comp increases as the risks increase. So, if your client employs roofers or truck drivers, the cost might be $4 for every $100.
The Cost of Fraud. Workers' compensation fraud has a significant impact on the cost of workers' compensation insurance. Insurance fraud imposes an enormous burden on our national economy. It is estimated that the cost of insurance fraud against workers' compensation insurance carriers alone is over $5 billion each year.Workers' compensation fraud carries a higher price tag than fraud in any other category of property/casualty insurance.nsurance fraud imposes an enormous burden on our national economy. It is estimated that the cost of insurance fraud against workers' compensation insurance carriers alone is over $5 billion each year.