Board looks to lower workers' comp rates

By Matt Porter |

Published 08/01 2014 11:29AM

Updated 08/01 2014 11:32AM

ILLINOIS -- There could be changes coming to workers' compensation. The board in charge of insurance rates has proposed a reduction in workers compensation payments.

This is the third year in a row the National Council on Compensation Insurance has requested lowering the rate. The total savings to businesses since the rates started to be reduced will be up around $460 million.

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