Washington’s Department of Labor and Industries has reported its total collections to the state’s workers’ compensation insurer for the past year are at their highest level since 2007, at $137.3 million.
One reason for the increase, L&I said, is its enhancement of a phone collection process that produced a $4 million (16 percent) increase in paid-in-full dollars (payments that brought accounts to current, fully paid status). This reduces the cases turned over to L&I’s local offices for debts owed.
“While collecting debts owed to L&I may seem incidental to fraud prevention, it is a key factor of our success,” wrote Carl Hammersburg, fraud prevention and compliance manager at L&I, in his blog “Nailed.” “Above all, the threat of additional cost deters further non-compliance whether the initial infractions were intentional or not.”
Was this article valuable?
Here are more articles you may enjoy.
PwC International Can’t Exit Evergrande Case, HK Court Rules
TikTok to Pay $400 Million to Settle DOJ Child Privacy Case
Carnival Cruise Line Wins New Trial After $10M Verdict in Sex Assault Suit
California Lawmakers Adjourn Without Voting on Wildfire Bill