Non Profits and W.Comp Law in Florida

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• sonny 2,117 Posts

  August 2003 PMVote Up0Vote Down

  [font size="1" color="#FF0000"]LAST EDITED ON 08-13-03 AT 12:47PM (CST)[/font][p]Hi Ana, welcome. Last week I attended a seminar about the new changes in Florida Workers' Compensation Law which I understand become effective 10-1-03. I do not recall any thing in the overview related to changes for non-profits. One of the souvenirs (sp) from the training was our very own copy of the law in its entirety (Title XXXI (labor) Chapter 440 (Worker's Compensation) of Fl. statutes) If you can give me more specifics, I will try to look it up for you .
  

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• AnaC 21 Posts

  August 2003 PMVote Up0Vote Down

  Sonny, thanks for the welcome, and for your response. Through the Florida Department of Insurance Website, under the Workers Compensation area, I was able to find the final order memo, dated yesterday, on the cost savings revisions to Ch. 440, Florida Statutes, contained in SB 50-A, which was approved and ordered, stating that there will be a premium decrease of 14% for all new and renewal policies effective October 1, 2003. That article is in the Sun Sentinel business section as well.
  
  What I had heard was that there was some other additional benefit to non profit organizations in Florida, with regards to premium cuts, relating to a mod experience of 1 or less, but I am trying to find out more specific information from the original non profit source. If I do discover something new I will post it here.
  
  Thanks for your help.
  
  Ana
  
  
  

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• Tony Kessler 409 Posts

  August 2003 PMVote Up0Vote Down

  Ana,
  Here is a reply to your question from Michael Adams of Tallahassee, who edits both our Florida Workers' Comp Reporter (monthly newsletter) and our national workers' comp newsletter, On Workers' Compensation. Here's a link to information about the Florida newsletter -- [url]www.hrhero.com/flwcr.shtml[/url] -- in case you're interested. Michael really knows his stuff. And here's his note:
  -------------------------------------------------
  The Florida Legislature enacted a reform bill earlier this year that included
  a specific provision to offer nonprofit organizations affordable coverage in
  the Florida Workers' Compensation Joint Underwriting Association (FWCJUA). The
  provision created a new subplan D that extends coverage to small businesses and
  nonprofit organizations that receive at least 50 percent of their income from
  either state or federal contracts or charitable endowments. The rates for nonprofits are set at 110 percent of approved manual rates, and the coverage is now available. Employers should note, however, that the policies are assessable and that there is a high probability that in addition to the regular premiums, a further assessment will be levied to cover losses in the subplan. For more
  information, contact the FWCJUA at (941) 378-7400.
  
  Michael H. Adams
  Editor
  On Workers' Compensation
  Florida Workers' Compensation Reporter
  [email]onworkcomp@aol.com[/email]
  
  
  
  
  

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• AnaC 21 Posts

  August 2003 PMVote Up0Vote Down

  tkessler and Michael Adams:
  
  Thank you so much for your assistance! My boss was thrilled that I was able to send him an answer to his question. I forwarded your reply to him, including the link to the workers compensation Florida newsletter, which I feel would be very beneficial for us here, since we provide training and employment law consulting to our local, nonprofit agencies.
  
  Again, thank you so much for your prompt response.
  
  Sincerely,
  
  Ana Casey
  

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