workers’ compensation insurance

Court victory for small businesses

The wheels of justice turn slowly but they do turn. On Wednesday a ruling by the South Carolina Court of Appeals found in favor of the state’s Consumer Advocate in an extremely important issue affecting workers’ compensation insurance premiums.  Our own Department of Insurance was fighting to keep the Consumer…

“Good” morning

We made some good progress in the SC Legislature yesterday morning.  A Senate subcommittee carried over a regulation to give the state’s Workers’ Compensation Commission a free hand at changing the methodology used to determine compensation for specific medical providers.   Two of the three Senators appeared to be leaning against…

Busy morning

No time to write this morning.  Before noon I will have testified at 2 state Senate subcommittee meetings, held a press conference and met with two Senators—an unusually busy but important morning. The issues are these: 1.   Protecting businesses from workers’ compensation premium increases by maintaining legislative oversight of the methods used…

Workers’ compensation insurance needs more work

More of the South Carolina Small Business Chamber of Commerce state legislative agenda: Our successful efforts on workers’ compensation have led to stabilization and even a reduction in rates in South Carolina.  Whether it is our legislative victories in re-regulating the workers’ compensation insurance companies or our significant Administrative Law…

Protecting small business WC premiums

Below is the text of my presentation to the South Carolina Workers’ Compensation Commission public hearing today.—————————————————————————- We appreciate the opportunity to be heard on the issue of  “Maximum Allowable Payments to Medical Practitioners”.  The South Carolina Small Business Chamber of Commerce is a 5000 plus member advocacy organization.  We…

ACTION ALERT–Help stop increases in Workers’ Comp costs

Special interests in the medical field are trying to convince the S.C. Workers’ Compensation Commission to change a regulation that will result in tens of millions of additional costs to the system. The result will be significant premium increases for small businesses. My letter below gives the details about the…

Good news for business—well maybe or maybe not

There appears to be some good news for South Carolina businesses with workers’ compensation insurance. On good authority I have been told that the National Council on Compensation Insurance (NCCI is the state’s workers’ comp rating organization) has filed for a 3.7% overall decrease in a key component of rates…

Small Business Chamber December Newsletter

Tell Congress to stop new 1099 requirement The new health care law, the Affordable Care Act, has tremendous benefits for small businesses, particularly the tax credits and health insurance exchanges. But the 1099 provision, which has nothing to do with healthcare reform and was included only as a revenue-raising measure,…