Today’s issue of WorkCompRecap features the announcement from Out Front Ideas with Kimberley and Mark of their next webinar, which will examine how as one of the most highly-regulated lines of insurance, workers’ comp is seeing significant costs being added to the system as a result of bureaucracy.
The panel will discuss issues including the costs associated with regulatory compliance, examples of states that are creating the largest challenges, like regulators becoming increasingly aggressive in pursuing fines and penalties, and how bureaucracy is actually hindering claims outcomes and the delivery of benefits to injured workers. Finally, the panel will also cover some options for potential improvements.
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