Delaware WC Panel Begins Work
A Delaware panel established to oversee efforts to keep the state’s workers’ comp rates affordable is getting down to work.
Delaware’s Workers Compensation Oversight Panel is charged with creating a new medical fee schedule that would result in a 33 percent reduction in medical costs for workers’ comp cases over three years.
Gov. Jack Markell on Aug. 25 attended the opening meeting of the oversight panel, which was established by legislation passed this year to address recent steep increases in workers’ comp costs for businesses. The legislation was based on recommendations of a task force established last year to address double-digit hikes in average workers’ comp rates over the past two years after five years of steady declines.
Popular Today
- Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme
- Charges Dropped Against ‘Poster Boy’ Florida Contractor Accused of Insurance Fraud
- AIG, Chubb Can’t Use ‘Bump-Up’ Provision in D&O Policy to Avoid Coverage
- Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says