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UT Senate Moves Forward with WCF Privatization

Monday, February 23, 2004 | 0

The Utah Senate on Friday voted 20-7 in favor of SB 165, which, among other things, would eliminate the power of the governor to appoint the Workers' Compensation Fund Board of Directors, a necessary step towards privatization of WCF.The bill, sponsored by Senator Curtis Bramble (R-Provo) would also: * repeal the enabling provisions of the Workers' Compensation Fund;* removes references to the Workers' Compensation Fund from the code;* requires the insurance commissioner to provide for the workers' compensation insurance residual market by designating and entering into a contract with a resid...

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