Friday, April 30, 2004

Tennessee Guts Benefits in Workers Compensation Insurance

Plaintiff attorneys expect a windfall due to increased litigation.

AFL-CIO disappointed. Trail Lawyers Associate secretly gloats. Chamber of Commerce members count their lucky stars. The Tennessee office of the American Medical Association declares the reduced fixed payment schedule for worker injuries wacko and threaten boycotts.

Meanwhile no evidence exists that businesses care one way or the other about Workers Compensation costs when deciding to re-locate offices or plants to Tennessee.

Government controls and regulations provisions of the Workers Compensation Administration tightening up with additional funding in the reform bill.

In a side result, USDA Food Stamp applications are expected to increase as a result smaller disability payments to injured workers .