Reduce Workers Compensation Claims By Using Wearables in The Workplace
According to the Application Resource Center, 1 in 6 Americans currently own a wearable device. While fitness is still the top priority for most wearable owners, when used in the workplace, these devices have the potential to prevent accidents, streamline the recovery process, and ultimately, improve health and financial outcomes for employees, employers and the workers’ compensation industry. As employers adopt wearable technology solutions as a way to monitor and reduce workplace accidents and injuries, workers’ compensation insurers could potentially see a reduction in claims. Further, the devices hold promise as a tool to speed recovery times, reducing the time an injured party is away from the job. The caveat—these advances come with some important concerns around employee privacy that will need to be addressed.