It is found and declared that the state’s management of its workers’ compensation program can be improved by reducing the workers’ compensation program’s current administrative activities and support requirements and by improving the program’s current fiscal status, that a loss portfolio arrangement can be used to enhance the overall effectiveness of the state’s workers’ compensation program, and therefore, it is necessary and in the public interest and for the public good that the provisions of sections 4a-25a and 4a-25b are hereby declared a matter of legislative determination.