American Property Casualty Insurance Association
  • Staff Contact: Rachel Wallen     
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  • FOR RELEASE ON RECEIPT
  • March 4, 2019
  • LB 487: A Better Future For Nebraska's Workers
  • LINCOLN, Neb. — The American Property Casualty Insurance Association (APCIA) released the following statement ahead of today’s Business and Labor Committee hearing on a bill to establish a workers’ compensation drug formulary (LB 487):

    “Injured workers in Nebraska, and across the country, deserve high-quality medical care that gets them back on their feet as quickly as possible,” said Steve Schneider, APCIA vice president for state affairs. “Nebraskan workers were injured at a significantly higher rate than workers in other states in 2017. A formulary would help ensure that these workers receive the most appropriate medications for their injuries, in addition to reducing prescriptions of opioids and other dangerous drugs, and we encourage committee members to vote yes on the bill this afternoon.”

    Background:

    LB 487 would require Nebraska’s Workers’ Compensation Court to establish an evidence-based drug formulary, a list of the best medications for treating injured workers. Thirteen other states have established a drug formulary and brought efficiency and efficacy to injured workers’ recovery process.

  • APCIA promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. APCIA is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. APCIA members write $220 billion in annual premium, 37 percent of the nation's property casualty insurance. Member companies write 44 percent of the U.S. automobile insurance market, 30 percent of the homeowners market, 35 percent of the commercial property and liability market and 37 percent of the private workers compensation market.
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