Illinois Manufacturers Association CEO Says Workers Comp Reforms Are Not Meaningful
Illinois Senate Passed Several Proposals on Friday
0 0

The Illinois Manufacturer's Association says worker's compensation insurance reform passed by the Illinois Senate Friday is not meaningful reform.

President and CEO Greg Baise says it's extremely disappointing that Democrats walked away from the table when a workers' compensation agreement was imminent that would have made Illinois more competitive and helped protect the middle class. He notes Illinois manufacturers have lost 1,600 jobs since the end of the recession in 2009 while all neighboring states have added tens of thousands of manufacturing jobs paying good wages and benefits.

One measure sponsored by Evanston Democratic Sen. Daniel Biss creates a government insurance company to compete in the policy-writing market. It was approved 32-20 Friday. It goes to the governor.

Another House-generated measure has become Senate Democrats' compromise on the issue that has been demanded by Republican Gov. Bruce Rauner. Its main component would be to require insurance companies that write workers' compensation insurance to get rates pre-approved by the state Insurance Department. It passed 35-19 and returns to the House for concurrence.

 Rauner has insisted that workers' compensation insurance is too costly in Illinois. Democrats say they made reforms in Illinois that saved significant money that hasn't been passed onto employees. 

 The bills are HB2622 and HB2225.

Leave a comment:

· Subscribe to comments
Be the first to comment here!