Sunday: Workers’ comp payouts increase 26 percent in five years [Tulsa World, Okla.]
| By Ziva Barnstetter and Curtis Killman, Tulsa World, Okla. | |
| McClatchy-Tribune Information Services |
That increase cost employers and their insurers
But figuring out the reason behind the costly increase is a challenge.
Depending on whom you ask, the increase in total awards is variously the fault of state lawmakers, judges, employers, attorneys, insurance companies or escalating medical costs.
Injured workers often also get the blame for an allegedly broken system. Some critics believe that most workers who file claims are feigning injury to collect fat paychecks and sit at home.
The state
The state's Workers' Compensation Court system handles only a fraction of all claims, about two in 10, although they are often the most serious and expensive. The rest are handled privately, between workers and their employers.
Others who are part of the system, including a judge, questioned Bingman's conclusion that the 2011 reforms aren't working.
"Nothing works in a year completely," said Vice Presiding Judge
___
(c)2012 Tulsa World (Tulsa, Okla.)
Visit Tulsa World (Tulsa, Okla.) at www.tulsaworld.com
Distributed by MCT Information Services
| Wordcount: | 349 |


Advisor News
- How advisors can prepare clients for an uncertain retirement landscape
- Investors aren’t waiting out uncertainty
- Transamerica and Advo(k)ate Advisors launch pooled employer plan
- ‘I wish I’d met him sooner:’ Karlan Tucker remembered for integrity, faith
- Why women must be more engaged in investing
More Advisor NewsAnnuity News
- NAIC regulators begin consensus phase on annuity illustration overhaul
- AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
- Market-value adjusted annuities: Key considerations for advisors
- Private equity’s next play in insurance
- Immediate Care Plan: A new solution for funding LTC
More Annuity NewsHealth/Employee Benefits News
- Abbott’s 'Keep Texas Affordable' plan: Lower housing costs, new health insurance plan
- 1 in 4 American workers report staying in unwanted jobs for health insurance: West Health Institute
- Medicare Moments | Medicare's Enrollment Process in Simple Terms
- Waitlist, policy changes stir worries among families of Arkansans with disabilities
- Medico-Economic Evaluation of MRI Versus CT as Diagnostic Imaging Strategies in Patients With Suspected Ischemic Stroke: A Prospective, Multicenter, Randomized Controlled Two-Arm Parallel Trial: Transfusion Medicine – Blood Transfusion
More Health/Employee Benefits NewsLife Insurance News
- Judge again tosses Penn Mutual whole life lawsuit alleging tax scam
- Declined by a machine? The end of the unexplainable no
- AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
- Court sides with Ameritas in denying $4M STOLI payout to Wells Fargo
- AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of The Fortegra Group, Inc.’s Insurance Subsidiaries
More Life Insurance News