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Threat of workers’ comp hike stresses Calif. employers
April 7, 2009 /
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Soaring medical costs may drive up premiums paid by already beleaguered California employers for workers’ compensation insurance — after rates plunged 65% over the last six years.
Gov. Arnold Schwarzenegger, who forged major changes in the state workers’ comp law in 2004 that slashed rates, has launched a bid to stop a potential 24.4% rate hike now being discussed in Sacramento.
By Marc Lifsher
Full Story: http://www.latimes.com/business/la-fi-comp6-2009apr06,0,3889432.story
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Posted in: Other Economies
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