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Risk Mgr Says Comp Reform Math Doesn't Add Up

Tuesday, October 14, 2003 | 0

RiskSolutions, LLC is challenging the math behind estimated savings as a result of the recently signed California reform legislation, stating that reaching the promised savings would be a "a remarkable feat" because the math doesn't add up.The RiskSolutions press release states:On September 12, 2003, the California Senate and Assembly passed what was hailed as sweeping reform legislation - AB 277 and SB 228. According to press releases, the new legislation will cut $5.7 billion from workers' compensation medical costs in the year 2004. If you think about it, this will be a remarkable feat. ...

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