Legislation in the House (HF 518) and Senate (SF 435) aims to reform Iowa’s workers compensation system that has seen employer costs skyrocket and become unpredictable over the past few years. Each bill will help curb and correct years of egregious administration and legal decisions that have unbalanced the needs of the employer and the employee while only lining the pockets of plaintiff attorneys.
“We applaud the effort to reform our existing workers’ compensation laws to better balance an employee’s need for medical care and replacement income when injured on the job with a small business owner’s basic right to have a more predictable and cost-effective policy in place,” said NFIB/Iowa State Director Matt Everson.
“In order for Iowa small businesses to remain competitive and continue to expand by creating additional jobs, regulatory reform must be prioritized, and this bill is an excellent example of creating a legislative environment that will promote economic growth across the state,” Everson said. “We look forward to the vote of the full House and Senate and encourage all legislators to support this measure.”
Nineteen states have cheaper workers’ compensation costs for employers than Iowa, said John Stineman, executive director of the Iowa Chamber Alliance, according to the Des Moines Register.
“In the last 10 years, we’ve gone from being an example of how to do workers’ compensation to being a cautionary tale,” he testified to lawmakers, according to the paper.
Gov. Terry Branstad also praised the bills.