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

Energy Stream

May 2015
Monday, April 27, 2015
BY LINDA BAKER

Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers. 


Read more...

Short Shrift:The threat of just-in-time scheduling

May 2015
Monday, April 27, 2015
BY AMY MILSHTEIN

Companies can benefit when they use software to meet staffing requirements and address employees' family and life commitments.


Read more...

Celestial Eats

May 2015
Monday, April 27, 2015
BY JACOB PALMER AND EILEEN GARVIN

A power lunch at Solstice Wood Fire Cafe & Bar.


Read more...

Much ado about data-driven organizations, for good reason

Contributed Blogs
Monday, April 13, 2015
bigdatathumbBY GRANT KIRBY | OP-ED CONTRIBUTOR

The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.


Read more...

6 highlights from the Craft Brewers Conference

The Latest
Friday, April 17, 2015
thumbcbcPHOTOS BY  JASON E. KAPLAN

The 32nd annual CBC attracted a record number of attendees (11,000)  to the Oregon Convention Center.


Read more...

Footloose

April 2015
Friday, March 27, 2015
BY LINDA BAKER

Founded 12 years ago, Keen Inc. likes to push the envelope, starting with the debut of the “Newport” closed toe sandal in 2003. Since then, the company has opened a factory on Swan Island and a sleek new headquarters in the Pearl District. The brand’s newest offering, UNEEK, is a sandal made from two woven cords and not much more.


Read more...

Editor’s Note: It’s a Man’s World

Linda Baker
Thursday, April 30, 2015
lindablogthumbBY LINDA BAKER | EDITOR

Earlier this week we posted an article from our May issue:  It’s a Man's Man’s Man’s World. The story covered the gender divide in tech from the perspective of male workers. Twitter didn’t like it.


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