Montana Legislative Wrap Up
The 66th Session of the Montana Legislature has adjourned Sine Die (fun fact: Sine Die is Latin for “without day.” In other words, indefinitely).
Now that the legislative session has concluded, we wanted to take this opportunity to say thank you to all the stakeholders who played a part in making this a successful session for Montana State Fund our policyholders and their workers. We could not do it without you.
This session was not unlike past sessions. We saw attempts to undo provisions of HB334 (2011), the bipartisan reforms that resulted in major rate decreases for Montana employers. We saw efforts to eliminate MSF and replace the guaranteed market with a high-risk mechanism, which may have resulted in double-digit rate increases for thousands of Montana employers. We saw efforts to assess a premium tax on MSF policyholders, 18,000 of which are the small businesses that make up the backbone of the Montana economy. None of these efforts were successful because stakeholders spoke together, in unison against those proposals.
MSF is Montana’s largest workers’ compensation insurance company, insuring approximately 24,000 Montana businesses and their workers. Our vision is to be an indispensable partner in achieving a safer, healthier and more prosperous Montana. By continuing to partner with agents, employers, employees and our stakeholders, we can accomplish this vision.
For your support and involvement, MSF thanks you