Florida House Bill 1305: Week in Review

Florida House Bill 1305 Update:

Happy Friday!

Here's a recap of the recent activity regarding House Bill 1305:

Key Talking Points:

      • An employee leasing company covers 100 percent of their employees with workers compensation coverage.
      • What bill proponents call a “gap in coverage” is simply workers compensation fraud in construction (paying under the table) and has been persistent in Florida in the traditional business model as well with subcontractors utilizing an employee leasing company.
      • Rather than work to address the underlying problem of workers comp fraud, the bill only shifts liability from general contractors to employee leasing companies for workers comp fraud.
      • This  bill would only increase workers compensation fraud in construction in Florida.
      • It financially encourages general contractors to turn a blind eye to both the price of a subcontractors work and checking workers for subcontractors who are on their job site for workers compensation coverage. 
      • And it reduces workers compensation coverage options for small to medium sized construction companies that already have limited options for coverage in the open market.

More to come...

Have a great weekend!

Join the Conversation on Linkedin   |   About PEO Compass

The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better.

All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.

To contact a PEO expert, please visit Libertate Insurance Services, LLC and RiskMD.

 

Previous
Previous

Florida House Bill 1305 Attacking PEOs Moves to Commerce Committee

Next
Next

PEO Unfriendly House Bill 1305 Passed in Florida