Workers' compensation costs are increasing at an alarming rate. As a result, Gov. Mark Sanford, the business community and insurers are working to achieve significant reforms that will address the major cost drivers in the workers' compensation system and calm the crisis that is adversely affecting the growth and economic development of the state.

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We support the legislation introduced by Senators Jim Ritchie and Scott Richardson along with Rep. Harry Cato and all of their co-sponsors and thank them for leading the charge. The dramatic cost increases are hurting the state's business climate. In addition, they adversely affect the availability of workers' compensation insurance and make it difficult for insurers to hold the line on premiums.

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