- Pennsylvania workers comp fund could see $6.5M reductionPennsylvania Gov. Tom Corbett aims to reduce funding for the state’s Workmen’s Compensation Administration Fund by $6.5 million during the 2013-2014 budget year, according to a proposed budget posted online.
- Texas Mutual president and CEO to retire, successor namedTexas Mutual Insurance Co. has announced the retirement of its president and CEO, Ron Wright.
- Despite law to control costs, Calif.’s compound drug payments rose 68%Compound drug dispensing in California’s workers compensation system fell by 35%, but the average per-prescription payment rose 68.2%, from $460 to $774, after implementation of a 2012 law aimed at controlling pharmaceutical compounding.
- Obesity, diabetes not pre-existing conditions that allow for benefitsAn injured worker’s diabetes and obesity do not qualify as pre-existing conditions that would allow the New York Special Disability Fund to reimburse her employer for workers compensation benefits, a New York appellate court ruled last week.
- 62% of older workers plan to delay retirement: AnalysisThe percentage of older workers planning to hold off on retiring has increased 20 points within the past two years, according to a business research association analysis released Friday.
- Workers compensation reform a top priority for Tennessee governorTennessee Gov. Bill Haslam’s 2013 legislative priorities include reforming the state’s workers compensation system.