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, 2017:
Open Claims - The Fund has 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) has been reduced by 69% from 1,072 as of January 1, 1999 to 336 as of June 30, 2017.
Estimated Unfunded Liability – Reserves (the estimated unfunded liability) for all open claims have been reduced by
59% from 1999.