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SB 653 would increase the minimum amount of workers’ compensation coverage for burial benefits from $6,000 to $10,000. The legislation would require insurance carriers providing workers’ compensation coverage to either pay the actual costs of funeral expenses or $10,000, whichever is less.
We are neutral on SB 653 because it makes changes to workers’ compensation, which is a state run program that forces workers to participate. Currently, workers’ compensation restricts an injured worker’s access to the courts to file a suit. Worker's compensation does not currently operate in a free market environment so these updated regulations do not infringe on our free market principle.