Let’s see, 28 private Workers Comp insurers were insolvent so they left the state… the state is billions in the red with some portion of those billions being tied to their workers comp program… Maybe they need to look into their workers comp laws and remove/reduce the fraud that everyone knows is part of the system. I wish our federal government had a law that forced them to balance the budget.
We could simply sell California back to Mexico, that instantly solves the illegal immigration problem and removes the liability from the US. ‘course that means we only have 49 states and that screws up the 57 states Pres. O visited.
I’m concerned that with all the companies going bankrupt, US companies and real estate is either going to be owned by the government or foreigners, who seem to be buying US companies and real estate in record numbers. Koreans have bought the AIG headquarters in NYC and a partner for the company came right out and said the transaction “was a key stepping stone in our long-range plan to establish a major presence for Korean institutions in the US property and capital markets.” It appears no Americans can afford to buy anything, just sell to get out of debt, and foreigners are the ones with all the money to buy.
Workers comp is not designed to get workers back to work its designed to make the workers comp insurance co. richer and for worker’s that are injured to loose their jobs do to delays in needed medical treatment.
Right….Let’s sell the profitable part of the operation to an insurance carrier, keep the unprofitable part, then when the SCIF loses a couple of billion, go back to the legislature per the law and get the
money required to pay the claims.
The idiot that came up with this idea should be sold to Mexico as a useless white elephant.
Spoken like a true paid liberal blogger, Richard. Good job! “The system’s rigged. The evil corporations are cheating us! The sky is FALLING!” Don’t worry, hon. I’m sure you’ll be pleased with the coming government run health care system and evil work comp carriers will be a distant memory.
This all feels like protectionism – liberal and conservative – crying wolf at any sign of effort. Illegal immigrants aren’t a problem; they’re a safety net for businesses facing crippling union strikes and contracts. Our two largest stakeholders – consumers and capitalists – need them. And while workers comp is inefficient, sale or cancellation cower in the face of the operational overhaul it needs, to extract its full value for the benefit of the public. Government should take this opportunity to change the way they charge companies or place a limit on benefits until better controls can be implemented, so the abuses we all witness daily don’t continue. That could relieve small business, attract the former insurers to compete again, and spur some taxable activity.
Let’s see, 28 private Workers Comp insurers were insolvent so they left the state… the state is billions in the red with some portion of those billions being tied to their workers comp program… Maybe they need to look into their workers comp laws and remove/reduce the fraud that everyone knows is part of the system. I wish our federal government had a law that forced them to balance the budget.
I guess about now would be a good time to give the illegals California,eh?
I don’t know where you’ve been, Patriot. We already have.
We could simply sell California back to Mexico, that instantly solves the illegal immigration problem and removes the liability from the US. ‘course that means we only have 49 states and that screws up the 57 states Pres. O visited.
Brokette and Maximillan…we are on the same page!
An inefficient Government program No comment
I’m concerned that with all the companies going bankrupt, US companies and real estate is either going to be owned by the government or foreigners, who seem to be buying US companies and real estate in record numbers. Koreans have bought the AIG headquarters in NYC and a partner for the company came right out and said the transaction “was a key stepping stone in our long-range plan to establish a major presence for Korean institutions in the US property and capital markets.” It appears no Americans can afford to buy anything, just sell to get out of debt, and foreigners are the ones with all the money to buy.
Doesn’t Mexico already own California?
Workers comp is not designed to get workers back to work its designed to make the workers comp insurance co. richer and for worker’s that are injured to loose their jobs do to delays in needed medical treatment.
Right….Let’s sell the profitable part of the operation to an insurance carrier, keep the unprofitable part, then when the SCIF loses a couple of billion, go back to the legislature per the law and get the
money required to pay the claims.
The idiot that came up with this idea should be sold to Mexico as a useless white elephant.
Spoken like a true paid liberal blogger, Richard. Good job! “The system’s rigged. The evil corporations are cheating us! The sky is FALLING!” Don’t worry, hon. I’m sure you’ll be pleased with the coming government run health care system and evil work comp carriers will be a distant memory.
This all feels like protectionism – liberal and conservative – crying wolf at any sign of effort. Illegal immigrants aren’t a problem; they’re a safety net for businesses facing crippling union strikes and contracts. Our two largest stakeholders – consumers and capitalists – need them. And while workers comp is inefficient, sale or cancellation cower in the face of the operational overhaul it needs, to extract its full value for the benefit of the public. Government should take this opportunity to change the way they charge companies or place a limit on benefits until better controls can be implemented, so the abuses we all witness daily don’t continue. That could relieve small business, attract the former insurers to compete again, and spur some taxable activity.