The need for workers’ compensation insurance is a necessity for both employee and employer. That being said, the state of Illinois needs to look at the rates that are paid in Illinois, which are some of the highest in the country.
I have been a recipient of workers’ compensation as an employee of Owens-Illinois Glass and understand the need as the owner of lmo’s Pizza; I also understand the cost to the employer. When comparing the rates my store paid to St. Louis stores, my rates were drastically higher.
Now proudly representing the residents of Godfrey, high workers’ compensation rates are a concern when preparing a budget. The rates in our state run twice as high as most of our neighboring states. The village is very interested in economic growth in our community. This makes one think, “Do workers’ compensation rates and rules put us at a disadvantage retaining businesses or in attracting new business?”
Let’s be clear — workers’ compensation is important to protecting employees injured on the job, but the rates and rules in Illinois must be reformed. Our state legislators, both Republican and Democrat, need to get to work and find a fair solution so our great state can be competitive.
Michael J. McCormick
Mayor of Godfrey