Fixing Workers Comp

March 16th, 2005 by

A news round up reveals a number of states trying to fix problems in workers compensation. Not surprisingly, two of the highest cost states are trying to take action: Texas and Alaska. In any reform effort, the fault lines in the comp system are exposed. Reform always entails an attempt to control costs. When you control costs, some one loses: it might be doctors; it might be insurers; it may well be attorneys, but it is almost always injured employees. We think that reform can make winners of everyone, but first let’s have a look at the news.
In Texas, second only to California for costs, half of the employers opt out of the workers compensation system. This means they prefer the