Nevada's Own Comp Costs to Soar Next Year

Nevada's costs for workers compensation and other insurance for state employees will be soaring in the coming fiscal year, officials say, at the same time that revenues from taxes are likely to come in at a much slower pace than before. The state Risk Management Division says that premiums paid by state agencies must be raised 113 percent for the coming fiscal year and 71 percent in the following year. The Risk Management Division runs the system that pays for medical and rehabilitation costs for state workers hurt on the job. The Legislature, in a special session earlier this year, authoriz...