March 14, 2007
South Carolina Second Injury Fund Proposed To Close By 2013
The Senate Workers' Compensation Task Force Sub Committee and executives of the Second Injury Fund have worked out a timetable for shutting down the fund by 2013. The programs and appropriations of the fund are anticipated to be terminated effective July 1, 2013.
It is proposed that the fund will not accept claims for reimbursement from carriers or employers after Dec. 31, 2011 and would not consider claims for reimbursement for injuries occurring on or after July 1, 2008. It is proposed that all notices on any and all claims be filed before Dec. 31, 2010.
Planned changes to the statute itself that would take effect for dates of injury on or after 7/1/07 are:
1) Limit claims where the second injury aggravated a prior condition as opposed to prior conditions that combined with second injury to created a greater indemnity exposure
2) Eliminate arthritis as one of the presumptive prior conditions
3) Eliminate the catch all presumptive paragraphs regarding prior conditions
Take advantage of this window of opportunity before it vanishes forever! To learn more about how IRG can help your company recover thousands of overlooked dollars, please contact us. We have both the resources and the expertise you need to ensure that no recovery dollars are missed.