Fri March 7, 2014
Workers Compensation Panel Ponders Reducing Rates
WILMINGTON, Del. (AP) - A state panel established to address recent rate increases for workers' compensation insurance in Delaware is continuing to look at ways to keep rates down.
The Workers' Compensation Task Force will convene Friday in Wilmington to discuss reform proposals and adopt a fee schedule based on Medicare rate. The panel also was to consider a new rating bureau for insurance carriers.
The task force was established by the General Assembly last year and submitted a list of recommendations for lawmakers to consider. Subsequent legislation authorized its continued existence through June so it chart the effect of the recommended reforms and make further suggestions for cost savings as necessary.