The terminator has picked a fight with educators, public employees,
correctional officers and the legislators. This LA Times article outlines the situation clearly. (link unavailable)
This means that a special election is inevitable. Watch carefully, the
insurance carriers and businesses may take this opportunity to attempt to
eliminate workers' compensation benefits. Here's the question, will the
people let them do that?
Via WorkCompCentral.Com: "Is
California reform going too far? Though barely mentioned in his State
of the State speech Wednesday, Gov. Arnold Schwarzenegger's proposal to
wrap the Workers' Compensation Appeals Board, the Unemployment
Insurance Appeals Board and the Occupational Safety and Health Appeals
Board into one, nine-member commission has many in the industry alarmed
and concerned that the technical specialty needed to resolve policy
rendering...
Responding to Sen. Alarcon's call for rate regulation, Insurance
industry spokesman says Sam Sorich says: "Workers' compensation rates
today are falling and the future looks
even brighter as more insurers enter the California market and the
reform package is fully implemented," Sorich said. "The reforms not
only stabilized a once-turbulent system, they reversed a devastating
trend of rate hikes that were suffocating California's business...
Now the governor is taking on the government, on behalf of the people,
of course. Governor Arnold will cut public employee pension benefits,
renegotiate and revamp the correctional system, redo the budget system,
restructure government, get rid of those teachers that are getting
higher pay because of longer tenure, and, oh yeah, leap tall buildings
with a single bound. And of course, if the...
Who will stand up to the Terminator-Governor? I have a couple of
recommendations. Both have played chief executives. Both have name
recognition. Both have personal wealth. I think either could be
winners. My nominations? Michael Douglas or Martin Sheen...What do you
think?
Effective January 1, 2005, employer and their insurers now have the
right to control injured worker medical treatment through medical
provider networks. A permanent disability schedule designed to promote
"objectivity and predictibility" is predicted to cut injured worker
benefits by 60%. The elimination of "dueling doctors" is expected to
reduce litigation.
On the injured worker's side of the balance sheet, employers are now
required...
Gov. Arnold continues his political tactics. Unless major changes are
made, he threatens the legislature with a "special election" and
ballott initiatives. It's this tactic that has left injured workers
high and dry and employers lining the pocketbooks of insurance
carriers. And a democratic leader plans to offer an olive branch to
the Governor on the occasion of his State of the State speech...
The national underwriters journal posts an article indicating the insurance carriers pleasure with the new rating schedule. See the article here >>> (archived)
A recent study shows that awards for permanent disability will be
reduced by 2/3. This is what the carriers call objectivity, while they
refuse to reduce rates to their customers. Where are all the savings
going?