Regulators Warn of Coming Budget Cuts and Need for Higher Assessments

State workers' compensation agencies have adapted well to the COVID-19 reality, from managing remote employees to setting up virtual hearings to handling a vast expansion in presumptions for sickened frontline workers. But a big impact on comp boards and commissions may not be felt until months from now, when budgets could be slashed and revenue for second-injury funds takes a nosedive. Those were some of the sentiments expressed last week by state officials in a regulators' town hall webinar, sponsored by the Southern Association of Workers' Compensation Administrators....