The arrival of the new presidential administration and the outcomes of the many gubernatorial elections that will take place in 2017 have the potential to impact the workers' compensation industry. Pennsylvania employees who are concerned about this area may be interested to know about the issues to look out for in 2017.
According to an expert in the workers' compensation industry, there may be some policy changes. The position of the Trump administration to limit the reach of federal government may result in the suspension of the restructuring of the workers' compensation system to establish minimum standards for state systems, an action that was recommended last year by the United States Department of Labor.
Changes to or the repealing of the Affordable Care Act can also impact the industry. The prices of premiums increased and competition declined when several health insurers withdrew from the marketplace due to the passage of the legislation. A workers' compensation expert advises that there should be a focus on ensuring the health wellness of the general population instead of the continued use of sick care system that is in place now.
Workers' compensation at the state level will also affect the industry. Bills pertaining to reforms that were previously passed will be addressed by California. New York may institute a two-year cap on temporary total disability. Some Florida lawmakers want to provide an option to opt out of workers' compensation and are considering whether a cap on attorney fees is unconstitutional. The job growth agenda that is being pushed in Illinois includes workers' compensation reforms.
Workers' compensation benefits are an important part of the well-being of people who are hurt on the job or who contract an occupational illness. An attorney might provide insight on how any proposed changes might affect Pennsylvania workers.