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Wednesday, May 20, 2020
WCIRB: Newsom's COVID-19 Presumption to Cost Between $600M and $1.8 Billion
- State: California
- Topic: Top
- - Popular with: Legal
- - 13 shares
California Gov. Gavin Newsom’s executive order creating a rebuttable COVID-19 presumption will…
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2 Comments
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Tom Martin May 20, 2020 a 3:05 pm PDT
The Governors' COVID order also relieved the defendant from paying the Death Without Dependents fund. What are the projected savings on that? Any estimate from the WCIRB on the increase in frictional costs with a rebuttable presumption instead of a conclusive one? Seems like an incomplete analysis.
Daniel Perugini May 20, 2020 a 4:05 pm PDT
James, I was and have been thinking about the same thing. Things have slowed down here at my office for new filings.
James Witkop May 20, 2020 a 3:55 pm PDT
Also, how many other work-related injuries were prevented by the COVID lockdown? Were the offset savings considered? It might be that insurers come out ahead in the long run.
Daniel Perugini May 20, 2020 a 4:05 pm PDT
James, I was and have been thinking about the same thing. Things have slowed down here at my office for new filings.