CNA Releases New Risk Outlooks Examining Opioid Abuse In Construction, Manufacturing Industries

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Jun 29, 2015, 11:00 ET

CHICAGO, June 29, 2015 /PRNewswire/ -- CNA recently issued two new reports that examine the growing prescription opioid abuse epidemic and its effect on the U.S. workforce, focusing on the construction and manufacturing industries, which are particularly at risk for such abuse. Construction: Prescription Opioid Abuse and Manufacturing: Prescription Opioid Abuse use CNA claim data to provide risk management strategies to address this issue.

"The opioid abuse epidemic is taking a toll on many aspects of the U.S. economy, including businesses' workers' compensation losses," said Bill Boyd, senior vice president, Risk Control. "The delay of returning injured employees to work can affect operations and, therefore, negatively impact a company's bottom line. Opioid abuse is a real and emerging risk for businesses to consider, and through these Risk Outlooks, I hope our customers will learn solutions to avoid return-to-work pitfalls."

An estimated 15.1 and 6.5 percent of construction and manufacturing workers, respectively, have engaged in illicit drug use. CNA claim data analyzes the industry averages against potential opioid abusers and post-accident spend.

"By partnering with leading construction and manufacturing associations, we have seen increased concern about prescription opioid abuse, as well as how it increases worker injuries and businesses' losses," said John Tatum, senior vice president, Middle Market. "Many of these associations are developing programs to educate their members about the issue in order to provide the tools, training and resources they need to address opioid abuse in their own workplaces."

The first Risk Outlook, Impacts of the Great Recession, was published in 2014 and analyzed claim data to help construction contractors understand the risks their businesses have been exposed to because of the Great Recession. CNA will continue to release Risk Outlooks on emerging topics for its key customer segments on a rolling basis.

Risk Outlook is a publication of CNA Risk Control, Claim and Actuary. For more information, please contact Brandon Davis at 312-822-5167 or [email protected]. To access the studies, visit Construction: Prescription Opioid Abuse or Manufacturing: Prescription Opioid Abuse.

Serving businesses and professionals since 1897, CNA is the country's eighth largest commercial insurance writer and the 13th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. "CNA" is a service mark registered by CNA Financial Corporation with the United States Patent and Trademark Office. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities.

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CONTACT:
Brandon Davis, 312-822-5167
Sarah Pang, 312-822-6394

SOURCE CNA Financial