New OSHA fall safety rule could save contractors money on insurance premiums

The new Occupational Safety and Health Administration rule requiring employers operating in the residential construction industry to use the same methods of fall protection that historically have been used in the commercial construction industry could save them money. While these safety methods are likely to add costs, experts say the investment will pay off for contractors through lower workers compensation insurance premiums and prevention of a job shutdown or delay if a fatality occurs.

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