New Jersey’s workers’ compensation system will be tougher on companies and employees who try to “game the system,” Senate Labor Committee Chairman Paul Sarto told A.M. Best Company, which rates the stability of government bonds and other financial instruments.
A package of reform bills recently signed into law increases public input into rate-making, gives workers’ compensation judges increased enforcement powers and offers injured workers better access to medical care.
The package also imposes criminal penalties on companies that fail to insure workers, and makes it easier for the state to prosecute them.
Like what you've read? ...Republish it and share great business tips!
Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...
We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.
The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.
" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/7003/new-laws-promise-reform-of-nj-workers-compensation-system "