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Oregon workers comp assessment rate steady at 6.2% for 2015

Posted On: Oct. 24, 2014 12:00 AM CST

Oregon workers comp assessment rate steady at 6.2% for 2015

The Oregon Workers' Compensation Division said Wednesday that insurers will see no change to the current workers compensation assessment rate of 6.2% in 2015.

The rate, which funds Oregon's workers comp administration and safety protocols, has remained since 2012, according to a statement by the Oregon workers comp division.

Individual self-insured employers and self-insured public employer groups can expect an additional assessment of 0.2%, while self-insured private employer groups can expect an additional assessment of 1%, according to the statement. The additional assessments are used to bolster Oregon's reserve funds for self-insured employers and self-insured employers groups.

Oregon employers that purchase workers comp policies will see a workers comp pure premium rate decrease an average of 5.3% in 2015, according to the statement.