The national wave toward raising the statutory minimum wage to $15.00/hour is going to have major consequences for the ailing national network of workers' compensation programs. Not only is it going to increase benefits for injured workers that are calculated on wages, but it is also going increase much needed premium dollars for insurance companies whose premiums are based on payroll costs.
Showing posts with label The New York Times. Show all posts
Showing posts with label The New York Times. Show all posts
Sunday, April 3, 2016
Tuesday, January 10, 2012
Corporate Empathy: A Race To The Bottom Of The Ladder
For more read the NY Times Editorial today"The Corporate Candidates."
"Mr. Romney claims his background as a businessman provides him with an understanding of the economy and the ability to fix it. His opponents — particularly Newt Gingrich, Rick Santorum, Ron Paul and Rick Perry — say their political experience provides the same advantage. In truth, none have offered anything but tired or extremist economic prescriptions, providing little evidence that they can relate to those at the middle or bottom of the ladder."
Monday, December 26, 2011
Mitt Romney Plans to Cut Benefits to Disabled
As state workers' compensation programs are, both substantively and procedurally, entangled into a complex web of Federal subsidies and reimbursements, he too maybe taking aim at state workers' compensation systems.
Read: The Anti-Entitlement Strategy (NYTimes)
"Romney and his aides have designed his rhetoric to define pretty much all spending on entitlements, including provisions for the injured, unemployed, sick, disabled or elderly as benefits to the poor who, Romney implies, are undeserving. And it doesn’t matter whether the money to pay for these programs comes from employer and employee contributions and not just tax revenue — they are all under suspicion."
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