The final, detailed report of Oregon’s 2010 Workers’ Compensation Premium Rate Ranking Study has been released.
The results suggest that Oregon employers in the voluntary market pay, on average, the 41st highest workers’ compensation premium rates in the nation. Oregon’s premium rate index is $1.69 per $100 of payroll. National premium rate indices range from a low of $1.02 per $100 of payroll in North Dakota to a high of $3.33 in Montana.
Tracking the longer-term trends, the national median rate index peaked in 1994 at $4.35 and reached a low point in 2000 at $2.26. After increasing in 2002 and 2004, it decreased to $2.48 per $100 of payroll in 2006 and $2.26 in 2008. For 2010 it has continued its decrease, now to $2.04, which is the all-time low.
Oregon’s rate index remained at 17 percent below the national median in 2010.
Source: Oregon DCBS