X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A critical component of our national “safety net,” the state-regulated workers’ compensation system, is being besieged, another victim of politicians reaching everywhere to generate short-term benefits by increasing services without raising taxes.

In one case, the principle that “politics makes strange bedfellows” was confirmed again last week when Ohio officials announced they were planning through two steps to provide a $1.9 billion cash rebate to the state’s employers by tapping the reserves of the state’s actuarially-sound workers’ compensation fund.

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?

 

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
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.