Asia

Security Verification


2017 Workers’ Compensation Predictions: Part 3

2017 Workers’ Compensation Predictions: Part 3To follow up to our last two blog posts outlining potential workers’ compensation changes for 2017 and beyond, we’ll round out the list here with the final three predictions noted on the website WorkersCompensation.Com. As the Trump presidency gains momentum, it will be interesting to see which, if any, of these 2017 workers’ compensation predictions will come to fruition.

Prediction 7: The Golden State Will Opt Out Entirely.

California has always marched to the beat of its own drum. Could it possibly opt out of worker’s compensation as a protest to the results of the presidential election? Anything is possible! Should it happen, though, employers should brace for big expenses. California’s injury costs are notoriously high. Without worker’s comp to subsidize those costs, employers will be left to foot the entire bill.

Prediction 8: Medical Marijuana Will Become An Even More Divisive Topic.

The Affordable Care Act as we know it (also known as Obamacare) is already being dismantled. There could, one day, come a day when medical marijuana is available under worker’s comp to treat illnesses and ailments, but this seems to be a wildly outlandish prediction.

Prediction 9: Artificial Intelligence Will be Used to Streamline Worker’s Compensation Reporting.

From drones to self-driving cars, artificial intelligence is becoming pervasive. Could it one day be used to streamline claims management, transportation, and certain medical processes and procedures? Could that day come in 2017? It’s a prediction worth watching!

About ASIA

Associated Specialty Insurance Agency, Inc. has been “The Workers’ Compensation Specialist for Brokers and Agents” for the past two decades and is committed to providing brokers and insurance agents across the East Coast with expertise and services to develop a Workers’ Compensation policy. For more information about how we can assist you with claims management, anti-fraud measures, and more, call 610-543-5510 to speak with one of our professionals.

Please follow and like us:
This entry was posted in 2017 predictions, blog, Retail workers compensation, small business, Workers Compensation and tagged , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Trackbacks are closed, but you can post a comment.