[net-gold] [Workers' Compensation] New Jersey Task Force Recommends Privatization

  • From: "David P. Dillard" <jwne@xxxxxxxxxx>
  • To: Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Net-Gold <net-gold@xxxxxxxxxxxxxxxx>, Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, Educator Gold <Educator-Gold@xxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, "Net-Gold @ Nabble" <ml-node+3172864-337556105@xxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx
  • Date: Mon, 26 Jul 2010 02:23:48 -0400 (EDT)




.



Date: Fri, 23 Jul 2010 03:45:33 -0700 (PDT)
From: Jon L. Gelman <jon@xxxxxxxxxxx>
Reply-To: Net-Gold@xxxxxxxxxxxxxxx
To: net-gold@xxxxxxxxxxxxxxx
Subject: [Net-Gold] [Workers' Compensation] New Jersey Task Force Recommends
    Privatization of Wor...



A NJ Task Force has recommended to Governor Chris Christie that
workers' compensation should be privatized in the State. The Task Force
looked to the West Virginia system in making its recommendation.


"West Virginia Governor Joseph Manchin signed a law in 2005 fully
privatizing the state's Workers' Compensation Commission, transforming
it into a private insurance carrier, BrickStreet Insurance. Since the
completion of the process in 2008, workers' compensation rates have
declined an average of 30 percent statewide, translating to more than
$150 million in annual employer savings. BrickStreet—formerly the state
monopoly—is now competing for business in other states."


The State of New Jersey, like other major industrial states, is
suffering from major economic deficits that have resulted n curtailed
state services including the furlough of Workers' Compensation staffs
and closing of offices. The state's financial woes are mirrored in the
local municipalities and it is anticipated that those governmental
entities will also follow the State's lead to jettison the
administration of workers' compensation programs. In california some
localities have gone even further and privatized their staffs to lower
costs.


Click here to read the complete report.


Click here to read more about workers' compensation and claims for
benefits. For over 3 decades the Law Offices of Jon L.
Gelman1.973.696.7900 jon@xxxxxxxxxxx have been representing injured
workers and their families who have suffered asbestos related illnesses.


--


Posted By Jon L. Gelman
to Workers' Compensation
at 7/23/2010 06:45:00 AM



.


Other related posts:

  • » [net-gold] [Workers' Compensation] New Jersey Task Force Recommends Privatization - David P. Dillard