Florida Reforms Have Slowed Spiraling Expenses

The controversial 2003 reforms that Florida lawmakers pushed through as SB 50A appear to have played a major role in slowing the growth of medical costs and dropping indemnity cost per claim by at least 11%, the Workers Compensation Research Institute has reported. The Massachusetts-based institute released its analysis of the early impact of Florida reforms at a Web conference with an estimated 60 stakeholders and reporters Wednesday. WCRI said the reforms appear to have dropped Florida significantly in some rankings when compared with 13 other states. The report was issued in a series of ...