House Bill 7085

Tallahassee, Fla. — Yesterday, State Representative Jay Trumbull’s office released the statement below following House passage of H.B. 7085:
Today, the Florida House of Representatives passed House Bill 7085, which will increase workers’ compensation benefits for injured workers while decreasing insurance premiums for employers. The legislation, sponsored by State Representative Jay Trumbull, will promote job creation and protect existing jobs by addressing the 14.5 percent workers’ compensation premium increase approved by the Office of Insurance Regulation.
“As a small business owner myself, I know that the cost of workers’ compensation insurance is at the top of the list of things we have to get right,” said Trumbull. “Skyrocketing workers comp rates won’t just keep small businesses from hiring more workers. It will also cause job terminations and layoffs.”
Trumbull continued: “We have worked hard on this bill that will protect Florida jobs for tens of thousands of people. Every time government puts a requirement in place—another piece of paperwork or another insurance mandate or another license or fee—it not only hurts the owner of the business, it hurts employees, their families, and the entire community. It certainly hurts the person who may not get hired in the first place. I’m glad to say that with this workers’ comp bill, we’ve taken an important step toward making sure Florida stays one of the best places in the country to do business.”