(Columbia-AP) July 27, 2005 - Governor Mark Sanford
has called on a broad group of business leaders to study
the state's workers' compensation system.
The program covers medical costs and some wages for
employees injured on the job. Sanford said Wednesday the
task force was prompted by a double-digit increase
proposed by the insurance industry group that helps
South Carolina companies set compensation rates.
Earlier this month, the National Council on
Compensation Insurance pitched a 33 percent increase in
premiums for employers. It cited soaring medical costs,
lawyer involvement in injury claims and slow settlement
of cases as some of the many factors to push the rate
higher in the state.
The state Consumer Affairs Department and private
business advocates in South Carolina say the higher
rates could be detrimental to small-business owners.
Consumer Affairs is challenging the proposed increase
before an administrative law judge.
Posted 8:30pm by Chantelle
Janelle