NU Online News Service, May 7, 3:42 p.m. EDT
ORLANDO, Fla.–As states exit the recession with a focus on saving money in the new economy, workers' compensation systems will have to strip out as many unnecessary costs as possible to be successful, a workers' compensation expert said.
Speaking at the National Council on Compensation Insurance Holding's Annual Issues Symposium held here, Richard Victor, executive director of the Workers Compensation Research Institute (WCRI), defined "unnecessary costs" as costs borne by the employer in a workers' comp system that do not improve the outcomes for injured workers.
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