second injury fund

Politics
5:24 pm
Tue October 8, 2013

Mo. Supreme Court hears case concerning Second Injury Fund

Credit Americasroof / Wikimedia Commons

The Missouri Supreme Court heard arguments Tuesday in a case involving the state’s long-ailing Second Injury Fund. The case centers on the children of a deceased worker and whether they should receive money from the fund for the rest of their lives.

David Spradling was injured on the job in 1998 and died from unrelated circumstances in 2005.  He had filed a Second Injury Fund claim, which his three children pursued after his death, and in 2011 were awarded disability payments from the Fund for life.

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Business
3:06 pm
Wed September 25, 2013

Mo. workers' compensation insurance rates may increase

Credit Jacob Fenston / KBIA

Missouri businesses could face significantly higher costs for workers' compensation insurance next year.

The National Council on Compensation Insurance projects Missouri insurers will see an 11.6 percent increase in their claim costs in 2014.

This increase is driven partly by a new Missouri law that seeks to shore up the Second Injury Fund, which is for disabled workers who suffer additional on-the-job injuries. The law shifts some types of claims out of that fund and into traditional workers' compensation insurance.

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Politics
8:05 am
Fri May 17, 2013

Assembly sends second injury fund fix/workers' comp bill to Nixon

(via Flickr/Jennifer Boriss)

Originally published on Thu May 16, 2013 5:02 pm

Legislation that would revive Missouri's ailing Second Injury Fund and seek to reduce the number of occupational disease lawsuits was passed Thursday by the Missouri House.  It had already passed the Missouri Senate during pre-dawn hours on Wednesday.

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Politics
3:55 pm
Thu May 16, 2013

Mo. lawmakers pass changes to workers' comp claims

Credit File / KBIA

Missouri lawmakers have given final approval to legislation replenishing an insolvent state fund for disabled workers and changing the way people get compensation for job-related illnesses.

The bill sent to the governor Thursday marks a compromise among some business groups and attorneys who represent injured workers.

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Politics
8:29 am
Wed May 15, 2013

Final Version Of Workers' Comp/Second Injury Fund Fix Passes Mo. Senate, Heads To House

KWMU.

Originally published on Wed May 15, 2013 5:45 am

Early this morning, the Missouri Senate passed legislation that would fix the state's ailing Second Injury Fund.

The fund is designed to help disabled workers who suffer a second work-related injury.  It began running out of money after lawmakers eight years ago capped the surcharge businesses have to pay into it.  Senate Bill 1, sponsored by State Senator Scott Rupp (R, Wentzville), would temporarily increase the surcharge.

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NPR Story
8:20 am
Wed February 13, 2013

Mo. Senate Gives 1st-Round Approval To Workers' Comp, 2nd Injury Fund Fix

Marshall Griffin/St. Louis Public Radio

Originally published on Wed February 13, 2013 9:16 am

The Missouri Senate on Tuesday night gave first-round approval to a workers’ compensation bill that includes a proposed fix for the state’s ailing Second Injury Fund.

Senate Bill 1 would replenish the fund by temporarily doubling the fees business may be charged, while restricting the types of injuries that would be covered.  The sponsor, State Senator Scott Rupp (R, Wentzville), calls it an ideal compromise.

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Politics
8:42 am
Mon February 4, 2013

Mo. Senate to debate future of disability fund

_J_D_R_ Flickr

Missouri senators are preparing to debate legislation to revive an insolvent fund for disabled workers.
The state's Second Injury Fund has a deficit of about $25 million that is expected to keep growing.

The fund provides compensation to people with previously existing disabilities who then suffer an additional work-related injury or illness. It's financed by a surcharge on workers' compensation insurance premiums. But the revenues haven't kept up with expenses.

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Business
4:54 pm
Fri January 11, 2013

Mo. auditor confirms insolvency of disability fund

There's not enough money in the state's Second Injury Fund to compensate for unpaid obligations.
Credit Andrew Magill / Flickr

A report from the Missouri auditor confirms that a state fund for disabled workers is insolvent.

State Auditor Tom Schweich said Friday that Missouri's Second Injury Fund had barely $3 million as of the end of 2012 but had unpaid obligations of $28 million.

The fund covers workers' compensation claims for employees who have previous injuries or disabilities and then suffer a new job-related injury. Auditors and financial analysts have warned for several years that the fund was on a path toward insolvency. But lawmakers have done nothing to address it.

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Politics
9:02 am
Thu February 16, 2012

Lawmakers to address work-related injury fund

The Second Injury Fund is currently $160 million in the red.
File KBIA

Legislation has been filed in both the Missouri House and Senate to address the state’s Second Injury Fund, which provides payments to workers with prior disabilities who are injured on the job.  But the fund has been losing money for years.

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