Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Drango; farmfriend
I'm trying to remember back 30+ years re: WC. I believe we had to maintain a cash reserve for a certain amount of employees - but was it in a state fund, or did an insurance company keep it in trust? $3,500 reserve for 40 employees sounds right. But if anyone was injured and filed a claim, our reserve went up.

I do recall being ticked off at how easily a broken toe claim was settled and the amount of the settlement - lump sum of $3,000. But some poor yodel with a serious injury, who could never return to the same job, would go through test after test, in and out of one hospital after another at the state's demand, and wait years for a decision.

On top of escalating medical costs, be assured attorneys are a major reason the system is "broke."

11 posted on 12/07/2003 9:53:55 PM PST by lakey
[ Post Reply | Private Reply | To 7 | View Replies ]


To: lakey
yodel or did I mean yokel? Whatever.
12 posted on 12/07/2003 10:01:51 PM PST by lakey
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson