As part of the plan to make the Second Injury Fund more fiscally sound, the Fund has implemented systematic claim reviews to resolve claims through proactive claims management and settlement, or by identifying fraudulent claims.
As of June 30, 2018:
Open Claims - The Fund reduced the number of open claims by
51% since Fiscal Year 1999.
Reducing Weekly Payouts - The number of injured workers
receiving weekly benefits (indemnity, medical and both) was
reduced by 71% from 1,072 as of January 1, 1999 to 311 as of June
Estimated Unfunded Liability - Reserves (the estimated unfunded
liability) for all open claims was reduced by 63% from 1999.