Friday, December 30, 2005

WORKERS’ COMPENSATION RATE REDUCTIONS

“ A PRO-CON THEORY ”

Slicing workers’ compensation premiums has already been proven tat a plan as such can work. This was accomplished in the 1970’s by the Arch Moore Administration. And I would like to do likewise with minor changes towards progress. I will go one step further in all directions, starting with a 30% cut in rates paid for immediate relief for business.

The initial loss of revenue will be swiftly made up by the additional workers hired by business owners, public and private alike. Thus, bringing in approximately 35-45% in more overall revenue. These “extra” monies should be pledged towards lowering the workers compensation costs even further after we devote a 75-25% cut to pay down the $ 3.6 billion + debt now incurred upon us. Naturally, with the 75% going towards the debt. This will also add sovereignty. And believe me when I say, “I will not let those legislator’s think this is play money as they now do”.

So what was once a deterrent, will now be an asset to all business’s from established, well-regarded firms to newcomers with no previous track record. As long as they want to create a good paying job for the people of West Virginia, then I fell as Governor we must do everything in our powers to assist them. And this is a big start in the proper direction.

Also greatly reducing the deficit will be the fact the big corporations that owe this state tens of billions of dollars---will be in fact collected by me, your Governor, live and in person. Sorry big boys, but I will demand an enhanced economy for all. Not just a few!

Other savings that will help: Expel, penalize, heavily fine and jail doctors, lawyers and health care providers who submit fraudulent or exaggerated billings. These leaches have sucked enough economic blood from our system and it is time to end it!

We also need scrutiny, to make sure those truly injured workers receive the benefits they deserve and have coming to them. Without so much government hassle.

The creation of a civilian management board, to make a concerted effort needs to be in place to legitimize the new system of which I write. They should have the power to make a realistic decision for the injured worker immediately. This should also protect the worker as well as the employer.

Then we create a regulatory board of prison held C.P.A.’s, Banker’s, Auditor’s, etc, to look over both the workers’ compensation revue board and the civilian management board, with incentives towards “time-off” for good behavior for captures or other wrong doings uncovered. Birds of a feather………

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