Worker Compensation Excess Research Assignment

Worker Compensation Excess
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Worker compensation excess
Workers' compensation program offers medical care, rehabilitation services, and cash benefits to disabled employees or those involved in job-related accidents or disease. According to the federal laws, all states have workers compensation laws; however, business community points out California as the worst-case state for workers compensation excess (Bronchetti & McInerney, 2015). California workers compensation excess is in a crisis because there are several system design factors that affect the future capability of the worker's compensation system and the marketplace (Bronchetti & McInerney, 2015).
Even though California business pays high workers compensation premiums, injured workers receive the lowest benefits. In addition, California does not promote return to work programs to lower compensation rates. Other states workers compensation system struggles with several challenges including medical inflation that affect the cost of medical compensation. Indemnity is a major problem affecting many insurance companies that make them insolvent (Bronchetti &...