CALIFORNIA: According to the Workers’ Compensation Insurance Rating Bureau. California employers’ workers’ compensation insurance premiums jumped by $2 billion in 2014 but payments to workers for job related injuries and illnesses remained static, while medical costs declined.
The Oakland based organization’s report, mandated by state law, provides new grist for the Capitol’s perennial wrangling over the multibillion dollar system’s costs and benefits. Generally, the system undergoes an overhaul about once a decade as political alliances among its major stakeholders are formed and disbanded of us chamber of commerce.
