SAN FRANCISCO’S INJURED WORKERS MAY BE AFFECTED BY SCIF INSURANCE COMPANY’S PREMIUM INCREASE
The State Compensation Insurance Fund (SCIF) announced that it will raise its premiums 8.9 percent for 2009. SCIF is a San Francisco non-profit enterprise fund that acts as a mutual insurance carrier. This rate increase could affect SF area employees that have been injured, or are later injured on the job. SCIF insures over 200,000 employers in California. The organization generated over $2.3 billion last year in premiums.
Premium increases typically affect some industries more than others. Construction, manufacturing, retail, and transportation are industries that may find it harder to meet the growing costs.
SCIF says that it increased its rates as a result of medical care inflation. Officials say that medical care has grown over 12 percent annually over the past two years. If you have been injured on the job, you should know that worker’s compensation programs are established to protect you. If you have been hurt at work, contact Law Offices of David H. Greenberg, at (1-888-204-1014) for a free consultation or visit us at www.discriminationattorney.com. Our experienced employment lawyers can help you navigate the complex and often confusing workers compensation system.
