Loading chat...

MO SB829

Bill

Status

Introduced

2/22/2012

Primary Sponsor

Jason Crowell

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Applies the Second Injury Fund provisions only to cases with compensation awarded or filed prior to July 1, 2012, limiting the fund's scope to historical claims.

  • Changes actuarial solvency studies from every three years to annually, with the first study due by July 1, 2013.

  • Requires the attorney general to transmit quarterly projections of legal defense costs to the director beginning July 1, 2012, with the director withholding sufficient funds not to exceed one-fourth of the annual appropriation.

  • Establishes a payment priority system for fund liabilities: legal defense expenses first, then permanent total disability awards, permanent partial disability awards, and medical expenses incurred before July 1, 2012.

  • Restricts medical expense coverage and wage loss benefits from the Second Injury Fund to expenses and benefits incurred and filed prior to July 1, 2012.

Legislative Description

Modifies the law relating to the Second Injury Fund

Last Action

Hearing Conducted S Small Business, Insurance and Industry Committee

3/27/2012

Committee Referrals

Small Business, Insurance And Industry2/23/2012

Full Bill Text

No bill text available