Big Sky Times

Montana's small businesses are currently dealing with the challenge of high and unpredictable workers' compensation costs, which impact job growth and business investment. Legislative action in Helena, however, may offer some relief. Several proposed bills, including Senate Bill 345, aim to address these concerns by reducing expenses, streamlining processes, and establishing lasting stability in the system.

The proposed reforms aim to alleviate the pressure on employers by lowering expensive premiums and providing more resources for growth and hiring. These changes are designed to bring stability to the system with a more predictable and transparent process. This, in turn, would benefit both employers and workers. Additionally, the reforms promise to enhance Montana's competitiveness by making the state more attractive for business startups and expansion.

Lawmakers are keen to protect workers while cutting down on system abuse, ensuring that legitimate claims are honored and reducing inefficiencies and excessive claims. With just a few weeks left in the legislative session, Senate Bill 345 is currently awaiting action in the State House Business & Labor Committee.

Local business proprietors are encouraged to express their views during this critical period. The National Federation of Independent Business (NFIB) Montana has sent out an Action Alert, urging members to take a stance. For those who might have misplaced this alert, they are advised to send an email to Kylie Barber, the Grassroots Manager.