S.F. No. 51 - Workers' Compensation Bill Summary

• Adopts recommendations from the 2020 Workers' Compensation Advisory Council, implementing changes to workers' compensation insurance requirements and procedures in Minnesota.

• Modifies security deposit requirements for self-insurers by allowing actuarial opinions to discount liabilities at up to 4% per annum (or federal midterm rates) and eliminates present value discounting for certain situations effective January 1, 2021.

• Expands occupational disease coverage to include COVID-19 presumptions for first responders, health care workers, and essential childcare providers who contracted the disease during employment.

• Establishes the CAMPUS electronic filing system for workers' compensation claims and requires electronic filing of reports by insurers and self-insurers beginning August 31, 2020.

• Creates public data provisions allowing disclosure of workers' compensation insurance coverage information through individual employer inquiries and establishes reporting requirements for prompt first action on claims.