Tuesday, May 6, 2014

Oklahoma Entering New Territory Re: Workers Comp

Oklahoma has now enacted significant changes (and had those changes upheld in court) to their Workers Comp system, altering how claims are adjudicated and also giving employers the option to satisfy their Workers Comp obligations in an alternative manner. Although it has been compared to the Texas rules that allow employers to "go bare", that is, forego Workers Compensation coverage, Oklahoma's new rules are something different. Oklahoma now gives employers the option to establish alternative coverage for workers in place of the traditional Workers Compensation insurance policy.

Not sure how well this new system will actually work for employers and employees, but you can read more about it here.


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