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OK Commissioner Doak Releases Statement of Support for Workers' Compensation Reform

08 May, 2013 WorkersCompensation.com

                               

 

Oklahoma City, OK (WorkersCompensation.com) - Following Gov. Mary Fallin's signing of SB 1062, Insurance Commissioner John D. Doak released the following statement:

“This is a historic moment for Oklahoma and for Workers' Compensation reform. I applaud Governor Fallin for signing Senate Bill 1062 into law and the leadership of Speaker of the House T.W. Shannon and Senate President Pro Tem Brian Bingman. Currently, Oklahoma has one of the highest average costs of Workers Compensation benefits in the nation at a rate of $830 per employee. This has not only had an enormous impact on our state economy, but also limits the growth of local businesses. I am thrilled to say that with the signing of this bill, we are about to see positive changes statewide to Oklahoma businesses and employees that will be felt for many years to come.”

John D. Doak, Oklahoma Insurance Commissioner

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