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A.  This Subpart shall be known and may be cited as the “Workers’ Compensation Cost Containment Act”.

B.  It is hereby declared to be the intent of the legislature that occupational accidents produce economic and social loss, impair productivity, retard the advancement of standards of living, and increase the cost of worker’s compensation insurance.  Both humane and economic considerations recommend the establishment and implementation of effective injury control measures.  A dynamic program of health and safety education and training is the best known solution to reduce occupational accidents and to decrease workers’ compensation insurance rates for employers in high rate classifications, resulting in the long-term reduction of rates of all employers of this state.

Acts 1991, No. 1026, §1; Acts 1995, No. 349, §3, eff. June 16, 1995.