Workers’ Compensation Issues to Watch in 2016
With the looming national elections in November, workers’ compensation industry insiders expect increased scrutiny on state programs, including revisions of employee health and claims models. A number of key issues were spotlighted at a webinar held on January 11 by Safety National, one of the leading providers of workers’ compensation insurance nationwide.
According to Mark Walls, the elections promise to have an impact on workers’ compensation insurance providers, as eleven states currently elect insurance commissioners, who can have a direct impact on how premiums are determined. Experts also say that, although tax provisions of the Affordable Care Act have been extended to 2020, there’s a significant likelihood that a new president, Republican or Democrat, will make changes in health care reform.
