Most of you do not have an experience modification on your workers compensation policy but for those of you that do you know the impact of a good or bad modification. The Workers Compensation Bureau is looking to change the calculation formula. Currently claims up to $7000 are charged dollar for dollar in the calculation. The bureau is looking to change this. On the lower end if you’re paying $10000 the charge may be reduced from $7000 to $6000. On the higher end if you are paying $100000 it could go from up from $7000 to around $23000. I don’t know the time line on this but the Bureau will be doing a webinar and Small Business California will be on it.
Thank you to all that were on the webinar yesterday on the sick leave law that is going into effect July 1. Hopefully you all know there are no exemptions for small employers. If you would like a copy of the presentation let me know and I will send to you.
As I said last week all bills had to get out of their house of origin by the end of the week. If you would like a list of bills Small Business California is tracking let me know.
Scott Hauge
President
Small Business California
2311 Taraval Street
San Francisco, CA 94116
shauge@cal-insure.com
415-680-2188
President
Small Business California
2311 Taraval Street
San Francisco, CA 94116
shauge@cal-insure.com
415-680-2188
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