
Guest Commentary: Joel Fox — Workers’ Comp Reforms Have Saved Billions
Study Shows Public Employers Saved Billions from Workers’ Comp Reform Joel Fox, President, Small Business Action Committee
As California’s workers compensation crisis came to a head in the winter of 2003-2004, thousands of stories and complaints echoed throughout the state about the crushing impact workers comp costs had on California businesses. Workers compensation costs tripled for some businesses in just a few years. For others, workers comp premiums totaled more than salaries. In traveling the state promoting the Small Business Action Committee’s workers comp reform initiative, I held up a copy of a state of Idaho advertisement from a California business journal promoting reasonable workers comp rates there and offering to help California businesses move. Some did.
However, little attention was focused on the difficulties workers comp costs… Read More