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To: dragnet2
*** I’ve heard countless times WC is killing employers and drove many out of biz. ***

That answer can be a yes or no -- depending on the type of business. But one thing is consistent, all 'small' employers do hate it, but they have to have it or one sizable injury claim and shut the doors.

In the Construction Industry WC Insurance is one, big, pain, in, the, ___. On a large project (Hi Rise Bldg) than can span years until 'close out', you have to 'guesstimate' future inflation costs and WC costs are a friggen crap shoot (and in crook county, IL so was #%$@ sales taxes).

In hindsight I don't know how I survived all those years. Oh wait .. I just remembered how I did ..... Absolut On The Rocks.

77 posted on 12/02/2012 5:24:32 AM PST by Condor51 (Si vis pacem, para bellum.)
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To: Condor51
In the Construction Industry WC Insurance is one, big, pain, in, the, ___.

Going back 30 years now, why do you think contractors, big and small, by the thousands, started hiring illegal aliens in the construction industry? They put hundreds of thousands of Americans out of work, drove 2012 wages into the 1980s, etc., etc.

They wanted employees who wouldn't bitch, who'd work for dirt cheap, and thought company benefits meant a 5 minute break. This is no secret.

Same reason companies like Walmart, constructions contractors etc, started using subcontractors in a big way years ago...The subcontractors hired the illegal low wage help, and fat corps like McDonald's, Walmart and construction bosses and many others would simply point the finger of blame at the subcontractors. A win win.

BTW, companies started cutting health benefits to employees, or providing near worthless benefits, en mass starting about 15+ years ago. This is nothing new, and it certainly didn't start under the current corrupt administration.

Big med and corrupt big insurance have been jacking up their their rates, which have been skyrocketing for 15+ years now. It reached a point where the average family was struggling just to maintain basic health insurance.

Blaming all this on the current government mobsters is bull chet. This crap has been going on for decades now.

83 posted on 12/02/2012 9:12:58 AM PST by dragnet2 (Diversion and evasion are tools of deceit)
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