A bill to convert Oklahoma’s Workers’ Compensation Court into an administrative system cleared its first hurdle and is now headed to the full Senate for consideration.
The Senate Judiciary Committee voted 8-2 for the 260-page Administrative Workers’ Compensation Act by Senate President Pro Tem Brian Bingman. Both no votes came from Democrats, who have raised concerns the changes will result in reduced benefits for injured workers.
Bingman says high workers’ compensation insurance premium costs for businesses in Oklahoma are proving to be a drag on the state’s economy and “the biggest roadblock to a stronger economy.”
He cited a recent national study that shows Oklahoma has one of the highest premium rates in the country.
The bill is modeled on Arkansas’ administrative system.
Was this article valuable?
Here are more articles you may enjoy.
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
The $10 Trillion Fight: Modeling a US-China War Over Taiwan 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
