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More Changes Loom for Workers Comp?

February 17, 2006 by Jonathan Stein

Apparently, the current state administration is not happy with the workers compensation system in California. There are some within the administration who would like to lower costs even more. And, not surprisingly, there are some who think the system is still not fixed, as awards for permanent disability have been slashed by 50 percent.

The Governor’s proposal was, without a doubt, lacking. The Governor attempted to make his business allies happy without understanding the system. Now, he has created a system where:

  • Businesses want more reductions in premium
  • Injured employees and their advocates want fair awards for permanent disability
  • Doctors want payment for their services

Interestingly, the insurance companies seem happy with this arrangement. They still charge high premiums, but now they pay out less. So, they make more money and everyone else is left holding the bag.

Maybe it is time to revamp the system and start from scratch?

Categories: Business Insurance, Claims, Current Affairs

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