Search
 

Study Finds Bigger Drop In Calif. Comp Costs

In its 2007 Legislative Cost Monitoring Report, the WCIRB found that fees and utilization of services have been reduced, in some cases heavily, as a result of legislation passed by the state since 200

By Staff Writer | Updated on October 11, 2007

Legislative reforms to California’s workers’ compensation system have cut costs sharply, according to a study by the state Workers’ Compensation Insurance Rating Bureau.

In its 2007 Legislative Cost Monitoring Report, the WCIRB found that fees and utilization of services have been reduced, in some cases heavily, as a result of legislation passed by the state since 2002. The effect of these reductions, the report found, was billions of dollars more than even it had projected.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.