IAIABC: Value of Opt-Out Benefits 'Depends'

There’s no simple answer to the question of whether Oklahoma-style opt-out programs offer better benefits to injured workers, according to a paper the International Association of Industrial Accident Boards and Commissions is publishing today. Former IAIABC Executive Director Gregory Krohm writes in the report that the only correct answer to the question of whether traditional coverage under state law or private plans allowed under reforms Oklahoma lawmakers passed in 2013 is, “it depends.” “We contend that a large share of injured workers would end up with a...