THE FUTURE OF WORKERS' COMPENSATION
Chapter 2 described how the workers' compensation system has evolved from its inception in the early part of this century. This chapter will examine the changes that are currently being explored by many states and the way these changes may affect workers in the system.
Often, when new laws are made that involve financing, the inevitable costs are not fully known or considered. For example, when Medicare/Medicaid was passed in the mid-1960s, the future costs of the programs were either not determined or severely underestimated. So it has been with workers' compensation. These laws do not involve a great expense to federal or state governments, and therefore the taxpayer, but they do involve significant cost to society in the form of goods and services.
As employers have begun to recognize the high costs, they have organized to initiate reform movements across the country. Prior to this increased awareness, most state workers' compensation