![]() Oregon employers in the voluntary market pay, on average, the 34th highest workers’ compensation premium rates in the nation. Oregon’s premium rate index is $1.93 per $100 of payroll.
National premium rate indices range from a low of $1.27 in Virginia
to a high of $4.08 in Florida. One jurisdiction has an index
rating above $4; six are in the $3.00-$3.99 range; 25 are in
the $2.00-$2.99 range; and 19 have indices under $2.00. Indices
are based on data from 51 jurisdictions, for rates in effect
as of January 1, 2000.
Classification codes from the National Council on Compensation
Insurance (NCCI) were
The table below contains the premium rate ranking for all
51 jurisdictions. Although some states may appear to have the same index rate, the ranking is based on calculations prior to rounding to two decimal places. The index rates reflect appropriate adjustments for the characteristics of each individual state’s residual market. Rates vary by classification and insurer in each state. Actual cost to an employer can be adjusted by the employer’s experience rating, premium discount, retrospective rating, and dividends. Employers can reduce their workers’ compensation
rates through accident prevention, safety training and by helping
injured workers return to work. If you have questions about the information
contained in this document please contact by e-mail or phone:
Adam Drost, Research
Analyst, Research & Analysis Section, Information Management This document was originally published in October 2000. [Printed form: 440-2082(10/00/IMD)] In compliance with the Americans with Disabilities
Act (ADA), this publication is available in The information in IMD publications is in the public domain and may be reprinted without permission. |