| The Workers' Compensation situation in this country is | | | | Good to see Arnold is working on it. Glad to see we |
| unbelievable. Why, well because of lawsuits and | | | | are working to fix the problem. But essentially this is |
| attorneys mostly. The costs of workmen's | | | | merely a start of the fixing of the over all problem in |
| compensation on the business community is part of | | | | America. The premiums started a huge upward hike |
| the reason for the slow return of high paying blue | | | | and accelerated the already fast pace in increased |
| collar jobs in this country and the demise of the | | | | costs after 9-11 when the Insurance Industry took |
| manufacturing sector. The system covers some 122 | | | | unexpected hits of 40 Billion dollars. The other factor |
| million workers nationally, but it is regulated state by | | | | increasing costs is the medical industry getting |
| state, not nationally and there is nothing close to being | | | | hammered by lawsuits for mal practice. The |
| a Federal Oversight on this, not that I or anyone else | | | | improvements in safety and added restrictions have |
| cares to add another layer of bureaucracy to an | | | | decreased work related injuries. A reduction in worker |
| already broken system.You can imagine the burden of | | | | eligibility for benefits has led to a decrease of 36% in |
| the franchising community to provide jobs and the | | | | compensation claims in the last 10 years. Unfortunately |
| incredible problems faced by franchisees. The average | | | | the costs per claim have doubled to an average of |
| cost on a national level has risen 50% in the last 3 | | | | $15,000 in the nation and in California $35K. In the 1900s |
| years. This means that the poor employer is stuck, do | | | | when the compensation ideas were started they |
| they hire fewer people and assign more work, go out | | | | were to reduce litigation and disputes. Of course once |
| of business or cheat. Actually none of these options | | | | you make one law, you have just given yourself job |
| seem to be worthy of assisting in attaining the elusive | | | | security. Due to the fraud of lawyers, chiropractors, |
| ROI or profit that all business owners and franchisees | | | | criminals and doctors working together billions in fraud |
| seek. The prices in California have risen so fast that | | | | has been stolen from businesses over the years.Joe, |
| the costs of workmen's compensation have doubled in | | | | goes to a lawyer who has a friend who is a |
| the past three years. That is 200%. We recently | | | | Chiropractor. Joe says he hurt his arm to the lawyer |
| talked to one company which builds Car Washes and | | | | and Chiropractor or doctor expert confirms this, they |
| Quick Service Restaurants Franchise Tennant | | | | file suit and document the extent of injury and how |
| Improvements and C-Stores, who indicated to us his | | | | many days Joe should be out of work and charge |
| workmen's compensation costs in Los Angeles were | | | | their hefty fees to the deal. All this is fraudulent, as Joe |
| running 110% of payroll? WOW. This is serious, it is due | | | | was seen skiing in Aspen, Water Skiing in Lake Mead, |
| to run away lawsuits, we need tort reform.This is one | | | | Sky Diving in Phoenix, Sport fishing in Baja, Para sailing |
| reason that Maurice "Hank"Greenberg of AIG | | | | in Key West, mountain climbing near Jasper, Canada |
| Insurance Groups said that Lawyers are Terrorists, this | | | | and riding his dirt bike in TX. And you think you have a |
| is why Elliot Spitzer targeted him personally. Well, I | | | | chance owning a Burger Franchise in CA with 41 |
| could not agree more personally and have never | | | | employees? NOT. We are glad to see things are |
| heard not one debatable comment from any one in | | | | changing, but it cannot possibly happen fast enough. |
| the legal profession, which sues employers. California is | | | | Want some books on this subject? CA is getting their |
| working on their problems and is making some | | | | act together, maybe a franchise in CA might be |
| progress as you might have seen on TV or in the | | | | feasible with out getting your pants sued off. We are |
| newspaper: It's About time reform for workers | | | | happy to see that Arnold the 'Governator' is |
| compensation: understand the issues with labor in | | | | terminating bad laws and policy in CA, the question is; |
| many industries and why we need safety and | | | | is anyone else listening and are they going to do |
| assistance for those hurt on the job: I must tell you that | | | | anything about it? |
| it is a real hardship on businesses to deal with this. | | | | |