"California's overhaul of its troubled workers' compensation insurance system has saved employers at least $8.1 billion over the last three years, and the benefits to the economy are expected to continue, according to a study sent to the governor and Legislature on Friday.
The report commissioned by the state Department of Industrial Relations found that workers' comp premiums paid by businesses and nonprofit organizations, which soared as much as 200% in the early part of the decade, have been almost cut in half since July 2003.
What's more, rates in California, the highest in the nation in 2004, have dropped to 1996 levels and now are lower than those in other big states such as Texas and Florida, the report said. "
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Here is one of Arnold's major accomplishments. Under a Dem governor it would have continued to keep getting worse.
Arnold is very much different from a Dem governor.
Arnold is very much different from a Dem governor.
I hope enough folks realize this come November.
More attention to the thread seems in order. The major changes in worker's comp reform occurred under Davis, driven by the anger of the public. Surprisingly, that information was contained in the brief excerpt posted.
Those pesky little details. They disturb a partisan fantasy every time.