Kane County Reporter
Rep. Keith Wheeler (R-Oswego) decried a workers’ compensation reform bill that Democrats passed during the final hours of the legislative session on Wednesday.
“There is no savings in this bill,” Wheeler said. “Realistically, if you balance out everything in this bill, it’s not going to come out to any real savings.” Proponents of House Bill 2525 say it would help regulate workers’ compensation by requiring insurers to submit rates to the Illinois Department of Insurance for examination of potential overcharges, thereby ensuring that employers are paying rates relative to the market. It would also create a Workers’ Compensation Premium Rate Task Force to study the extent to which the premiums reflect the recommendation of the National Council on Compensation Insurance…
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