The Florida Chamber’s Bottom Line: Workers’ Comp Reform With Sen. Alan Hays

February 16, 2012 | News Releases Print

FOR IMMEDIATE RELEASE
CONTACT: Edie Ousley, 850-521-1231
eousley@flchamber.com

TALLAHASSEE (February 16, 2012) - Reducing skyrocketing workers’ compensation rates that could save Florida businesses millions is a priority for the Florida Chamber of Commerce. A Florida Chamber-backed workers’ reform bill that will reduce rates by 2.5% and bring forth a $62 million savings will be heard today by the Senate Health Regulation Committee.

In the latest edition of The Florida Chamber’s Bottom Line, workers’ comp reform bill sponsor Senator Alan Hays (R-Umatilla) explains how a repackaged drug loophole is forcing rates to skyrocket. Senator Hays and Florida Chamber Executive Vice President David Hart discuss how SB 668 will:

• Establish fairness with workers’ comp prescription drug reimbursement rates,
• Reduce the rising workers’ comp rates that Florida businesses are being forced to pay, and
• Ensure workers’ comp patients receive premium medical treatment

The Florida Chamber’s Bottom Line is a weekly web-based program featuring key figures from Florida’s corridors of power. View this brief five-minute program by clicking The Florida Chamber’s Bottom Line.

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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.