Wednesday, May 15, 2013

Agency of Administration Submits Report on Integration of Workers’ Compensation With Health Care Reforms


 
The Agency of Administration Health Care Reform has submitted a report to the Vermont legislature on the Integration or Alignment of Vermont Workers’ Compensation System with Green Mountain Care. 

The report recommended that “Vermont should pursue greater administrative alignment of the workers’ compensation system with cost-reduction measures posed under the Vermont’s health care reform efforts and the Affordable Care Act. The research on the amount of potential savings through integration is conflicting, so integration should be considered only after a thorough analysis that is Vermont specific. Furthermore, integration would require Vermont to develop a monopolistic publicly funded workers’ compensation system, which it is not well-positioned to do at this time. Consideration of alignment is more appropriate after the new system is in place. In the meantime, administrative reform will preserve workers’ rights and the current workers’ compensation insurance market while potentially increasing savings for employers.” 

The text of the full report is here: http://hcr.vermont.gov/sites/hcr/files/2013/Act%2048%20Integration%20of%20Workers%27%20Compensation%201%2015%202013%20FINAL.pdf