Proposed Workers Comp Insurance Change in July
The California Workers’ Compensation Insurance Rating Bureau is filing a proposed rate reduction for California workers’ compensation insurance “pure premium” rates on average to become effective July 1, 2017.
These are to be suggested or base rates for insurers, and are based on averages for all classifications.
Some Employment Classifications Would See Higher Classifications & Others Lower Proposed Rate Changes
The proposed rate reductions are based on all insurers experience through December, 2016, and also lower insurer costs. Southern California continues to see an increase in cumulative trauma claims, which are costly and difficult for employers to control and defend.
CalWorkSafety Focuses on Helping Employers Base On:
1- Day of injury procedures to contain costs, verify whether a claim is true or fraudulent
2- Return injured workers back to work, the very next day if possible
3-Intervention of nurse consultants by assisting in difficult, long-term claims to help employees improve and provide accurate information to employers and workers’ compensation claims personnel
4-Aggressive safety investigation and safety plans for accident prevention and OSHA compliance