Today’s issue of WorkCompRecap features the release of a new study commissioned by the California Commission on Health and Safety and Workers’ Compensation (CHSWC) as part of SB 863 reforms that examined the economic consequences of permanently disabling injuries between the last major reforms and the enactment of SB 863 (2005-2012), and also aims to predict the likely impacts of SB863 on the adequacy and equity of PPD benefits.
Key findings of the study, which was conducted by RAND, included that the Great Recession may have disproportionately affected injured workers, but that SB863 has done much to restore PPD compensation to levels not seen since before the 2004 reforms. The study also found that the Return to Work Benefit didn’t impact overall benefit adequacy much, but its targeting toward the most at-risk, low-wage workers amplified its benefits for those groups.
Find out more (including a link to the free report!) by clicking here!