Insurance industry groups, while welcoming passage of New York's massive workers' compensation reform bill, noted today that the legislation leaves key details still to be decided.
In the measure–which won approval in the legislature on Tuesday, and is expected to be signed next week by Gov. Eliot Spitzer–a variety of issues are to be worked out administratively by the superintendent of insurance in consultation with three advisory groups.
Mike Moran, speaking for the American Insurance Association, noted that among the important areas where regulations are to be developed by the superintendent is a system of objective medical guidelines for determining disability.
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