“Workers’ comp insurance becomes money loser”…… That’s the title of a piece released today by Dan Walters, veteran political columnist of the Sacramento Bee. Walters is widely admired in Sacramento and other political circles for his decades of experience as observer of the California scene. Among the points made by Walters: -in 2006, insurers earned
In a recent post I examined California’s workers’ comp user funding assessments:http://www.workerscompzone.com/index.ph … 129-222117 Those assessments provide a dedicated revenue stream for operation of the WCAB and its programs. And they also provide a dedicated fund forsafety and labors standards enforcement programs. Carrie Nevans, the DWC acting administrator, expounded on the user funding concept in
Yesterday the NFL announced a new policy on player concussion injuries. This comes after mounting evidence that there may be links between concussions and dementia in former players. It’s an issue I blogged aboutearlier this fall:http://www.workerscompzone.com/index.ph … 929-222652 Many of these NFL players will wind up in California’s workers’ comp system. Here is the NFL’s
There’s been a lot of speculation as to how the law of COLAS will develop. I’m not talking potential taxes on sugary drinks as part of a national healthcare reform bill. I’m talking about the cost of living increases under California Labor Code 4659(c). That COLA affects life pension cases (where the percentage of disability
With big budget shortfalls, there’s a trend toward targeted funding for state programs. California employers pay for the system via “user funding” assessments.User funding in the comp system came under consideration during Jerry Brown’s governorship in the early 1980s. Partial user funding was enacted in the late 1980’s. Total user funding was passed in 2004.