Montana: State insurer waits to see benefits from workers’ comp reform

A rare display of bipartisanship in the 2011 legislative session came with the passage of House Bill 334, a sweeping  workers’ compensation reform package expected to cut costs by an average of 20 percent. In 2010, nearly $400 million was spent on workers’ compensation in Montana, according to estimates. Montana had one of the highest rates for workers compensation in the country, and now a line is forming to take a bit of credit for slicing the compensation pie.

Click Here to Read Full Article

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.