Carlisle Medical Will Be Exhibiting At The VSIA 2022 Summer Meeting
For more information about this conference click here.
The Virginia Self-Insurers Association, Inc. (VSIA) was organized in 1992 as a non-profit corporation to promote the principles of sound and beneficial self-insurance under the workers’ compensation laws applicable to Federal and State workers’ compensation in Virginia. VSIA is the only organization in Virginia that on a fulltime basis represents the interests of self-insured employers (both public and private) in the workers’ compensation arena.
VSIA has also been responsible for drafting numerous pieces of legislation which benefited employers, such as a bill that reversed case and statutory law and ensured that the 500-week limitation on benefits in Virginia once again applies to temporary total disability, temporary partial disability, permanent partial disability, or any combination thereof. When the surety bond market got extremely tight, VSIA discussed the issue at length with the Commission and then drafted and successfully lobbied for legislation authorizing self-insurers to also utilize certificates of deposit, United States government obligations, letters of credit, and cash to satisfy their obligations under Virginia’s Workers’ Compensation Act. VSIA also drafted and successfully lobbied for cost-saving legislation that mandates, under specified circumstances, the use of generic drugs in Virginia workers’ compensation cases. Finally, from 2010-2016, VSIA led the fight on behalf of employers to enact a workers’ compensation medical fee schedule which precludes the huge annual increases that were prevalent under Virginia’s prevailing community rate system. As a result of those efforts, compromise fee schedule legislation was signed into law in March of 2016 which requires the Virginia Workers’ Compensation Commission to develop and implement such a fee schedule by January of 2018.
For more information about VSIA click here.