Republicans in the Illinois legislature are saying that the new Illinois budget deal is close at hand, but several matters are still under debate, including the state’s policy on workers’ compensation.
Wade Keats, owner of metal stamping service provider Keats Manufacturing Co., said workers’ compensation insurance is costing the company over a quarter of a million dollars annually to cover workers’ compensation benefits for 70 production workers at their factory. Today, Illinois workers’ compensation costs are the seventh-highest in the United States. Employers in the state said that for an orthopedic hand or wrist injury, Illinois Medicare will pay $6,676 while workers’ compensation makes employers shell out $14,215. Meanwhile, for Arthroscopic surgery on a rotator cuff, Illinois Medicare pays $2,754 while workers’ compensation pays $7,850.
The attorneys at Spiros Law, P.C. work as a team with one simple goal: obtain the workers’ compensation benefits that injured workers deserve. Call our offices at 217-328-2828 to discuss your situation with us and assess your legal options.