News

Worker Comp Claims Dropping

Worker Comp Claims Dropping

Photo: Newsradio WTAX

Illinois’ workers’ compensation rates may be going down, but not by enough to satisfy manufacturers.

The governor’s office is touting recommendations by the National Council on Compensation Insurance to reduce rates by 5.5 percent in 2015. Illinois Manufacturers’ Association Vice President Mark Denzler welcomes the drop, but cautions that those are only recommendations, not the final figures.

“So they’re not mandated rate reductions, and so actually, Illinois companies, particularly manufacturers have not seen anywhere close to an overall 18 percent reduction in the past several years,” Denzler said.

It’s the governor’s office that says rates have dropped by 18 percent since the 2011 workers’ comp reform law. Denzler believes further reform is needed to bring workers’ comp costs in Illinois in line with other states.

In a statement announcing the declining rates, Gov. Pat Quinn said “Illinois is making a comeback and historic reforms like these will keep it going strong, driving our economy forward and creating jobs in every corner of our state.”

The Illinois Manufacturers’ Association has endorsed Quinn’s opponent in the November election, Republican nominee Bruce Rauner, partially based on Rauner’s support of additional workers comp’ reform.

Recent Headlines

10 hours ago in Entertainment

REVIEW: ‘How To Be Single’ feels the same while trying too hard to be different

22-overlay-9

"How to Be Single" makes a valiant attempt to send up rom-com clichés but it borrows so much from other, better movies that you start to wonder if the film’s title should be "How to Commit Larceny."

12 hours ago in Music

Springsteen promises to show his mind in autobiography

springsteen

Springsteen, 66, has been working on the autobiography, called "Born to Run," for seven years.

13 hours ago in Entertainment

‘Star Wars’ producers face charges in Harrison Ford’s on-set accident

18-overlay-7

The "Indiana Jones" star broke his leg when the door of the Millennium Falcon fell on him during filming in 2014.