Posted On: August 21, 2006, 5:10 am CDT

Posted By: Michael Johns

There are 17 million injured workers in California and SCIF in 2002 had in its reserves 9 Billion dollars to handle any injured worker along with all that comes with it. If you gave each of the 17 million workers 1 million dollars as a settlement, that wouldn't even scratch the surface of 9 Billion and on to of that when the case is settled SCIF wants whatever they have paid out and that leave the injured worker with little or nothing and one more thing, how can they justify raising the premiums of the employers, since they get there funds back where is the so called lost. They have the award money in high interest earning accounts so they don't even touch the principle. Investigation needed on SCIF's account practices amoung other things. Who knows just what one might find who has the power to do so like the F.B.I.?