Soaring medical insurance costs are a sore spot for California employers
Los Angeles Times, April 6, 2009
Soaring medical costs may drive up premiums paid by already beleaguered California employers for workers' compensation insurance, after rates plunged 65% over the last six years. Gov. Arnold Schwarzenegger, who forged major changes in the state workers' comp law in 2004 that slashed rates, has launched a bid to stop a potential 24.4% rate hike now being discussed.