Total Costs to Employers by State and Industry. Total Costs to Employers by State and Industry. Table of Contents Summary Costs Covered by Employers Costs Beyond the Company Employers Health Spending Traffic Safety Programs Savings Employer Costs by State Employer Costs by Industry Conclusions Appendix References R ecent publicity has focused on corporate layoffs as a cost-cutting tool. Debate has contrasted the bottom line with corporate responsibility.
Injuries account for a substantial portion of health-related costs.
Cost-conscious employers would be wise to evaluate their potential health care savings from traffic safety programs. This report shows that by preventing motor vehicle crashes, the potential health care savings are large. It adds estimates of employer costs by industry. Health fringe benefit costs are the costs of fringe benefits paid because of illness and injury. They cover contributions to Workers Compensation medical and disability insurance, health insurance, sick leave, Social Security disability insurance, life insurance, and private disability insurance, as well as insurance administration and overhead.