I’ve heard countless times WC is killing employers and drove many out of biz.
That answer can be a yes or no -- depending on the type of business. But one thing is consistent, all 'small' employers do hate it, but they have to have it or one sizable injury claim and shut the doors.
In the Construction Industry WC Insurance is one, big, pain, in, the, ___. On a large project (Hi Rise Bldg) than can span years until 'close out', you have to 'guesstimate' future inflation costs and WC costs are a friggen crap shoot (and in crook county, IL so was #%$@ sales taxes).
In hindsight I don't know how I survived all those years. Oh wait .. I just remembered how I did ..... Absolut On The Rocks.