# State Beat 

_News_

Canonical: https://www.claimspages.com/news/i1340/

The bills’ supporters claim that the measures will result in an annual cost reduction of nearly $6 billion. The Workers’ Compensation Insurance Rating Bureau currently estimates that the annual cost reduction is about $4 billion.

It will take time for the bills’ cost savings to be achieved, according to the Association of California Insurance Companies, an affiliate of the National Association of Independent Insurers.

Sources:
- Claims Magazine (http://www.claimsmag.com/Issues/Nov03/statebeatNov.asp)