Calif. Legislators Craft Tentative Agreement on Workers' Comp Reform

Topics:
Workers Compensation
Tags:
Agreement,
Legislator,
Insurance,
Industry,
Financial Planning,
Finance,
Cost Savings,
Corporate Insurance,
Business Operations,
Worker
Source:
Wells Publishing

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Overview: After vetoing SB 71 last fall, California Gov. would reach out to legislators and others to comprise a reform bill addressing workers' compensation. Now, it appears legislative leaders have formulated a tentative agreement dealing with workers' comp. The new benefits package, SB 1156 is expected to be revised with cost-saving measures. Currently, the legislation contains most of the provisions contained in SB 71 and AB 1176. However, insurance industry officials are not jumping for joy. Now, the legislature is looking to put a bill into place that works for everyone, including an insurance industry that remains skeptical at best.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Jan 2002 | Pages: 1

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