Home Back Issues November 2010 Workers' comp costs fall over time

Workers' comp costs fall over time

| Print |  Email
Articles - November 2010
Thursday, October 21, 2010

1110_ATS14

The cost of workers’ compensation insurance for most Oregon employers will remain flat in 2011, according to the Department of Consumer and Business Services (DCBS), which sets those rates for every industry in the state. Average pure premiums will fall 1.8%, but because reduced payrolls have lowered department revenue, the premium assessment to fund workers’ comp and workplace safety programs will rise 1.8 percentage points. Premiums have fallen largely due to a 58% drop in the rate of workplace injuries since the 1980s. In 1990, major reforms were put in place, including an innovative return-to-work program, the state workplace safety program (Oregon OSHA) and a dispute resolution process. Almost 20 years later in 2008, Oregon’s rates were 13th-lowest in the U.S. While DCBS sets rates, employers can purchase workers’ comp coverage from private insurers or SAIF Corp., a not-for-profit, state-chartered company that issues nearly half the state’s policies. About 15% of employers elect to self-insure.

BRANDON SAWYER
 

More Articles

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

November/December Preview: Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS