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HB 572

Uninsured Employer's Fund; administrative expenses.

2026 Regular Session Introduced by Jeion Ward

HB 572 adjusts administrative expense handling for Virginia's Uninsured Employers' Fund, affecting how workers' comp coverage costs are distributed among insurers and employers.

Acts of Assembly Chapter text (CHAP0174)
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Bill Summary · HB 572

Legislative bill overview

HB 572 modifies how administrative expenses are handled for Virginia's Uninsured Employers' Fund, which provides workers' compensation coverage for employees of uninsured businesses. The bill adjusts the allocation, collection, or management of costs associated with administering this fund. The specific provisions would be detailed in the bill's text, which determines whether changes expand or restrict funding mechanisms.

Why is this important

The Uninsured Employers' Fund serves as a safety net for workers injured by employers without required workers' compensation insurance. How administrative expenses are funded directly affects the program's solvency, premium costs for insured employers, and the fund's ability to process claims. Changes to expense handling can shift financial burdens between insurers, employers, and injured workers.

Potential points of contention

  • Whether administrative cost increases are passed to insured employers through assessments or absorbed by the fund, affecting insurance premiums
  • Whether the bill adequately funds claim processing or creates backlogs that delay injured worker benefits
  • Whether expense allocation changes unfairly burden certain business sectors or insurance classes compared to others

Compiled from official sources — confirm details with the bill’s official record.

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