• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • WCW HOME
  • Submit a Wire!
  • Advertising
  • Media Partners
  • About
  • Contact Us

WorkCompWire

Your Trusted Source for Workers Compensation News

Enlyte
  • Workers Compensation News
    • Workers Compensation Industry News
    • Association, Rating & Research News
    • Claims, Legal, & Compliance News
    • Legislative & Regulatory News
    • Risk Management News
    • Work Force & Human Resource News
  • Featured Articles
  • Leaders Speak
  • Editor’s Forum
  • People On The Move

OR DCBS Releases 2017 Premium Assessment Rate

November 9, 2016 - WorkCompWire

Salem, OR – Effective Jan.1, 2017, the Oregon Department of Consumer and Business Services determined an assessment rate of 6.8 percent of direct earned premium is necessary for the department to carry out its statutory responsibility to regulate, administer, and enforce the workers’ compensation and occupational safety and health laws of the state of Oregon (see ORS 656.612 and OAR 440-045-0020). This rate is an increase of 0.6 percentage points from the 2016 rate.

This assessment funds the operations of the Workers’ Compensation Division, the Workers’ Compensation Board, most of Oregon-OSHA, a portion of the Division of Financial Regulation, and other parts of the Department of Consumer and Business Services that support these activities.

An additional assessment of 0.2 percent for self-insured employers and public-sector self-insured employer groups, and 1.0 percent for private-sector self-insured employer groups is required to fund the Self-Insured Employer Adjustment Reserve and the Self-Insured Employer Group Adjustment Reserve (ORS 656.614 and OAR 440-045-0025).

These rates apply to all premium earned on or after Jan. 1, 2017. Insurers should refer to Bulletin 144 for payment instructions. Self-insured employers and self-insured employer groups should refer to Bulletin 374. These bulletins are available on the WCD website.

The complete bulletin including rate charts can be viewed here (PDF), and replaces Bulletin 367 issued Oct. 22, 2015.

Source: OR DCBS

Filed Under: Industry News, Legislative & Regulatory News, Top Stories, Workers' Compensation

Primary Sidebar

Get Our Free Newsletter:

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: WorkCompWire.com, PO Box 1114, Culver City, CA, 90232, http://www.workcompwire.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

myMatrixx

Paradigm

One Call

MTI

Follow Us on Twitter

Tweets by WorkCompWire

Workers Compensation News Topics

  • Top Stories
  • Featured Articles
  • Leaders Speak
  • Editor’s Forum
  • The RxProfessor
  • Industry News
  • Association, Rating & Research News
  • People On The Move
  • Claims, Legal, & Compliance News
  • Legislative & Regulatory News
  • Risk Management News
  • Work Force & Human Resource News
  • Workers’ Compensation

Wire Archives

Copyright WorkCompWire © 2023