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Workers' compensation claims down; staff reports $2.23M remaining in 2021 buyout fund
Summary
At a committee meeting, Mister Chamberlain reported October saw 21 new workers' compensation claims and 61 open claims, and he updated members on a 2021 buyout fund with about $2.23 million remaining to settle long-term claims.
Mister Chamberlain, a staff presenter, told the committee that for the month of October the county had 21 new workers' compensation claims, down from 26 the previous month, and 61 open claims compared with 179 at the same time last year.
"We had, for the month of October, we had 21 new claims," Chamberlain said. He reported the program has expensed 69% of its overall budget, up from 59% at the same point last year, and that of the 21 new claims 17 called in and 4 did not.
Chamberlain also reviewed a 2021 buyout fund: "We received a total of $4,200,000 to attempt to settle up to 31 claims, for long term, medical issues," he said. He said 14 claims have settled to date and two claims were closed due to deceased claimants, generating an estimated county savings of approximately $674,000 and leaving a remaining balance of about $2,230,000 in the fund to continue settling eligible claims.
The presentation was informational; no formal action on the buyout fund was recorded in the transcript. Committee members were invited to ask questions after the report; no follow-up votes or directives about changing the fund were recorded in the provided segments.
The committee will continue to use the buyout fund to pursue settlements for eligible long-term claims, and staff said the actuarial review and budget process will help determine future reserve and funding decisions.
