Ridge & Downes - Law Firm

Protect Workers' Rights

Protect Workers' Rights

As we’ve reported previously, Governor Rauner’s turnaround agenda listed workers’ compensation “reform” as one of his main goals. At this time, Governor Rauner is currently holding the State budget hostage in exchange for lowering or terminating the benefits of injured workers.

Governor Rauner has indicated that structural reforms to our workers’ compensation system are needed to bring costs in line with other states. However, the Washington, D.C.-based Workers’ Compensation Research Institute, an insurance industry group, reported in October that medical payments per claim fall below those in Indiana and Wisconsin.  Crain’s reports that the WCRI study strengthens the arguments by Democrats who say more time is needed to determine the results of the 2011 reforms. The report says that the 2011 changes lowered the amount insurers spent per claim by 20 percent.

​Unfortunately workers’ compensation insurers have not passed along their savings in the form of lower premiums. This is in spite of the National Council on Compensation Insurance, an industry rate making agency, recommending a nearly 20% reduction for Illinois workers’ Compensation insurance rates.This would have saved Illinois employers over $1 BILLION in insurance premiums.

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