Here are some of the highlights:
SB 863 –– Workers’ Compensation Reform
Reforms workers’ compensation by increasing permanent disability benefits and decreasing litigation and associated costs. It also changes the way medical treatment disputes are resolved, the cost at which medical treatment is reimbursed and institutes changes to the lien filing process. State Fund will provide updates throughout the year as implementation details of this key legislation become available.
SB 1513 –– State Compensation Insurance Fund: Investments
Expands State Fund’s investment authority; allows State Fund to diversify its investments to help increase portfolio stability and act as a hedge against inflation. These changes are a step towards enabling State Fund to invest in a similar manner to private insurance carriers.
AB 1794 –– Contractors: Workers’ Compensation Insurance Reporting
Requires the Employment Development Department (EDD) to share payroll tax information with the Contractors State Licensing Board (CSLB) and State Fund. It also requires the three organizations to share information and coordinate enforcement actions against contractors that fail to report new employees to EDD and accurate payroll to State Fund.
AB 2219 –– Contractors Workers’ Compensation Insurance Coverage
Eliminates the sunset date on existing law that requires roofing contractors to provide proof of workers’ compensation coverage even if they have no employees. It also requires insurers to personally verify the number of employees working for a roofing contractor by visiting the place of business as part of the annual payroll audit.
Link: DWC SB 863 details