The Florida Legislature ended their Regular Session on Monday, May 8th without passing workers’ compensation reform. The House and Senate could not agree on the best way to address attorney fees in the wake of the Florida Supreme Court’s decision in Castellanos that invalidated the statutory cap on attorney fees. The House bill would have provided good savings to Florida businesses by putting restrictions on hourly attorney fees and also by changing the way hospitals are paid for treating injured workers. The Senate disagreed on the approach taken by the House, so no bill was approved.
In light of the recently-upheld 14.5% rate increase and possibly another rate increase when NCCI makes its usual fall rate filing, workers’ comp is expected to be a prime focus for the Legislature’s next session which begins in January, 2018.
Article Provided by Florida Citrus, Business & Industries Fund