More large companies turn to private workers’ comp programs
A growing trend for large companies in regards to state workers’ compensation programs is to transition towards privately funded programs. These programs are more beneficial to the company, and in most instances, are less advantageous in regards to benefits for employees.
Walmart was the latest company to leave Texas’ workers’ compensation program in order to fund a privately owned benefits program. The benefits offered through this new program will be drastically lower than their previous program that was mandated by the state of Texas.
This switch that Walmart made has created quite a buzz among opponents and proponents of state-funded workers’ compensation. These concerns are being voiced throughout the country as more and more large businesses move towards private benefits for their employees.
If you have been injured on the job, you need experienced representation on your side in order to secure the compensation you deserve. Please contact the Raleigh workers’ compensation lawyers of Scudder & Hedrick, PLLC by calling 919-851-3311 today.