California Orders Work Comp Insurers to Report Federal Income Tax Savings

California Insurance Commissioner Dave Jones has issued an order directing every insurer licensed to write workers’ compensation insurance in the state must report their federal income tax savings annually through a rate filing in light of the new tax law.

The recent revision to the Federal Tax Schedule for 2018 reduced the corporate tax rate from 35 percent to 21 percent. That means that nationally insurers will now be able to retain even more of policyholder premiums as profit.

California Workers’ Comp Division Says Temporary Total Disability Rates to Increase for 2019

The 2019 minimum and maximum temporary total disability rates will increase on Jan. 1, 2019, the California Division of Workers’ Compensation announced on Tuesday.

The minimum TTD rate will increase from $182.29 to $187.71 and the maximum TTD rate will increase from $1,215.27 to $1,251.38 per week.

WCRIB: California Workers’ Comp Written Premium to be Down Again This Year

Lower workers’ compensation rates in California will bring down written premium once again this year, according to a forecast from the Workers’ Compensation Insurance Rating Bureau.

That revelation is expected in a full report on the state of California’s workers’ comp system is due out in about a week, but David Bellusci, WCIRB executive vice president and chief actuary, gave a rundown of what to expect during the group’s annual conference in San Francisco on Thursday.

California Worker’s Comp Directors and Officers Cleanup Law Takes Effect July 1

A new law that enables corporate directors and officers owning at least 10 percent of a business to opt out of workers’ compensation coverage goes into effect on July 1.

The law is intended to reduce the threshold of ownership, and is part of an effort to help eliminate workers’ comp fraud. Under the new law, directors and officers who want to opt out of worker’s comp must sign a waiver stating that they are covered by a health insurance plan.

California Man Nabbed for Collecting Workers’ Comp from Multiple Insurers While Working

Michael Williams, 34, of Daly City, Calif., has been arrested on 21 felony counts of insurance fraud and grand theft after allegedly working for multiple employers while collecting over $85,000 in workers’ compensation benefits from two different insurers.

In November 2014, Williams was reportedly working as an electrician when he sustained a work-related injury. He filed a workers’ comp claim with the State Compensation Insurance Fund and began collecting temporary workers’ comp benefits.

Study: Drop in California Workers’ Comp Hospital Stays and Spinal Surgeries

The number of California workers’ compensation inpatient hospital stays fell 31.2 percent between 2008 and 2016 compared with a 19.6 percent drop in hospital stays paid under private plans, a new California Workers’ Compensation Institute study shows.

The study also shows a 2.4 percent increase in Medicare inpatient stays, and a 19.6 percent increase in inpatient stays paid by Medi-Cal, which saw a huge jump in enrollment with the rollout of Affordable Care Act plans.

Report on California Workers’ Comp Shows 227 Medical Providers Suspended

The California Department of Industrial Relations on Monday issued a progress report on its anti-fraud efforts, including updates on the suspension of 227 medical providers from treating California’s injured workers and the dismissal of 292,000 illegitimate liens with claims valued at more than $2.5 billion.

Good News on Opioid Usage for a Change – it’s Down in California Workers’ Comp

Efforts to curb the use of opioids in California’s workers’ compensation system appear to be paying off.

New research from the California Workers’ Compensation Institute on prescription drugs used to treat injured workers shows that opioids now account for less than a quarter of all workers’ comp prescriptions in the state, down from nearly a third a decade ago.

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