NCCI Puts Savings from Reform Bill at $27M to $47M

The National Council on Compensation Insurance estimated on Tuesday that a reform bill proposed by the Georgia Workers' Compensation Advisory Council will save between $27 million and $47 million a year.NCCI said a provision of HB 154 that would cap medical benefits at 400 weeks for non-catastrophic injuries and proposed increases for both temporary total and temporary partial disability will have offsetting impacts and will reduce overall costs by between 2.6% and 4.4% per year.The Georgia House approved HB 154 by a vote of 154-0 on Feb. 11 as a compromise agreed to by the Georgia Chamber...