This story by Michael Grabell of ProPublica and Howard Berkes of NPR should concern us all.
Privatization of what workers' compensation benefits are payable unsurprisingly results in fewer benefits for workers and ridiculous rules. An example is a requirement to notify your employer of an injury within 24 hours, which means you need to know that you are injured and that you believe it is work related. This may not matter for obvious injuries but many are not, such as overuse injuries. Minnesota's Workers' Compensation system (Minn. Stat. § 176) is far from perfect but it is nowhere near this draconian. Fortunately, privatization has not happened in Minnesota, Iowa or Wisconsin but it could. You can read the full story on ProPublica's website here.