According to a new report, Wyoming and Montana are among the states with the highest workers' compensation costs.

But why?

The report is from the Idaho-based Mountain States Policy Center.

They used 2020 data from the National Academy of Social Insurance.

Pointing to the Centers for Disease Control’s definition of workers’ compensation as “systems established to provide partial medical care and income protection to employees who are injured or become ill from their job,” report author Paige Thibaut said the purpose of the compensation is to incentivize employers to minimize injury and illness in the workplace. (Center Square).

Wyoming is an outlier in the way it works its workman's comp system.

The state has a “monopoly” on the program and as a result, the lack of competition has led to “increasing rates and questionable customer service,” according to Thibaut.

'Wyoming is also one of the four states in the U.S. to take a monopolistic approach to worker’s compensation, meaning worker’s compensation is publicly funded and there is no private sale of worker’s compensation,' the report said.

Jordan Glause
Jordan Glause

Monopolies always lead to higher costs and lower efficiency.

A government-run monopile is no different.

States that have moved away from a state-run system have seen costs drop and slow-moving, inefficient bureaucracy east.

“As we move forward, we are likely to see continued privatization of workers’ compensation - a free market solution which will promote competition and can only benefit businesses and employees alike,” Thibaut said.

Still, most workers fare well in Wyoming.

For a work-related injury, say a minor one, workers’ comp usually comes through quickly. Temporary disability income and the medical treatment needed to get back to work.

Inside Wyoming Missile Silo For Sale

There are decommissioned missile silos for sale in Wyoming.

Thermal nuclear device not included.

Now why would anyone want to own one of those?

Lets start by looking to the outside, then go in.

Well, because owning one is just such a cool idea.

So lets have a look at what the realtor is offering.

Cheyenne Radio Studios Get Makeover

There are 5 radios stations located in downtown Cheyenne Wyoming. All are owned by Townsquare Meadia.

Technology has changed, and the offices needed a facelift, too.

Lets take a look as the old studios and offices are gutted and the new is built.

My name is Glenn Woods.

News Talk KGAB AM650 is one of the stations in Wyoming that carries my show, Wake Up Wyoming.

I was in town for an event and had to broadcast from the KGAB studios one Friday morning.

Here is what it looked like.

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