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Federalization Of Workers Compensation – Another Opinion

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Federalization Of Workers Compensation From Peter Rousmaniere

One of the more astute Workers Comp authors/bloggers recently wrote an article on The Federalization of Workers Compensation. I have been writing on this subject for over a year and it is good to see other opinions on what I think will be a major Workers Comp development.

Peter Rousmaniere Federalization Of Workers Compensation Picture
(c) rousmaniere.com

Peter Rousmaniere wrote a great article on the possibility of the Federal Government becoming more involved in Workers Compensation. As the Feds expand their “web of control”, I think there will be more monitoring of Workers Comp on a Federal level. Peter’s article can be found here.

I was the first one to coin the term Federalization of Workers Compensation. This started a trend of articles on the Federalization issue. I still think the Feds will look to control what happens with Workers Comp. As I have posted before, let’s examine what has happened over the last few years. The developments are:

  • The CMS (Medicaid/Medicare) wants all Workers Compensation data
  • The authority of the FIO or Federal Insurance Office is placed under CMS
  • The CMS will be providing the FIO will all pertinent data
  • By 2014, we are supposed to have nationalized health care, with national insurance
    Picture of Claim Form and Gavel Federalization Of Workers Compensation Work Injury
    123RF

    exchanges.

  • Most insurance licenses are renewed on a nationalized basis even though they are state-based. The NIPR http://www.nipr.com/ has most state’s licenses processing.
  • The Internet with such sites as Linked, Jigsaw, ZoomInfo, etc have insurance personnel from all states discussing varied topics. Not long ago, other than intra-company and at conferences, how often did we all communicate with insurance personnel across state lines?

I could list many bullet points, but my goal is to be concise as possible. I am not saying that Workers Comp on a state basis will cease. I think that being very adaptive right now in Workers Comp is the best idea.

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2 Responses

  1. Let’s take a quick inventory of the programs the Feds have taken over:
    Social Security
    Veteran Healthcare
    Postal Service
    Off Shore Oil Operation supervision
    Banking regulations

    While there are vast differences in state benefits, I have no confidence WC would be better for anyone under Federal Control

  2. Minnesota would greatly benefits from the Federalization of the Workers’ Compensation system.
    Minnesota has destroyed its system by paying off insurance companies and bowing down to employers whining that they do not want to take responsibility for their injured employees. Both have bought off our legislators to write the work comp laws in their favor. No employer has to hire any injured worker. Insurance companies replaced medical benefits with opiates in a bottle. Some injured workers, live off welfare and food shelves, and on the streets.
    Minnesota has successfully created a group of ‘SECOND CLASS DISABLED CITIZENS’. Its system is laden with legal theft, conspiracy, and excessive profit on the backs of injured workers. They take the injured worker’s social security benefits and give them to the insurance carrier. Really – that is written into their law. Insurance companies make BILLIONS every year, now why do you think they do this – re-elections, campaign funds, mansions, retirement, vacations, expensive cars, and forever jobs within the system.
    Yes, Federalization of Work Comp would work for the injured for a change.

Comments are closed.

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James Moore

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Mgmt Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • WorkCompCentral.com
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers Compensation.com
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications

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