Magnifying Glass
Back to Sponsored Content

OR DCBS Determines 2010 WC Insurance Average Premium Rate

27 Oct, 2009 WorkersCompensation.com

                               Portland, OR (CompNewsNetwork) - The Department of Consumer and Business Services has determined that the average pure premium rate Oregon employers will pay for workers' compensation insurance in 2010 will decrease. The pure premium rate is the base premium reflecting the actual cost of workplace injury and illness claims, before insurer administrative expenses and profit are added. This is the fourth consecutive year the rate has decreased, following four years in a row with no change in the rate. Prior to that, there were 12 consecutive annual decreases from 1991 to 2002. The cumulative decrease in pure premiums since 1990 totals more than 60 percent and represents an estimated $17.4 billion in workers' compensation premium savings to employers. The 2010 rate decrease represents an average across all types of businesses. Rates for specific businesses and industry groups may be higher or lower, depending on group and individual claim records. Employers pay their premiums directly to their insurers. Premiums do not fund state programs or services.

    • Read Also

    New from NCCI: Temporary Disability Duration in Workers Compensation – A First Look

    WHAT: NCCI’s latest report: Temporary Disability Duration in Workers Compensation – A First Look  [link.mediaoutreach.meltwater.com] WHO: The report is authored by:   KEY INSIGHTS:  WHY IT MATTERS: The majority of lost-time claims receive TD benefits at some point. Given their ubiquity, it’s important […]
    Sponsored: Business Insurance Magazine Names ReEmployAbility as One of the Top Places in Insurance to Work

    Contact: Joanna Jewell (813) 371-6808 | news@reemployability.com  (November 8th, 2023) – ReEmployAbility is pleased to announce that it was named one of the “Best Places to Work in Insurance” by Business Insurance for 2023. Business Insurance […]
    ATF Medical will present an “Introduction to Home Modifications” webinar on December 6

    CEUs available for Certified Case Managers Newnan, Georgia (Nov. 3, 2023) — ATF Medical’s Executive Director/Rehab Technology Erin Zablocki, CDME, Master C.E.A.C., ECHM will present an “Introduction to Home Modifications” on December 6 at 10 a.m. ET/7 a.m. PT. […]

    About The Author

    • WorkersCompensation.com

    More by This Author

    ReEmployAbility Announces Free Webinar: ‘Overcoming Jurisdictional Return-to-Work Challenges’

    ReEmployAbility, Inc.Contact: Rebecca Dearth(813) 261-3117 | news@reemployability.com Brandon, FL (May 10, 2023)- ReEmployAbility CEO and Founder Debra Livingston will be hosting a second free, live Work Comp Central webinar in their continued series to educate […]
    NCCI Annual Golf Event Tees Up $25,000 for Kids’ Chance of America

    (Orlando, FL–May 10, 2023)—The National Council on Compensation Insurance (NCCI) has given $25,000 to Kids’ Chance of America, supporting college scholarships for the children of injured workers. NCCI made the donation in conjunction with its Annual […]
    What Makes a CMS Appeal Successful?

    In response to a Medicare conditional payment demand, payers can access a five-level appeals process, including a hearing before a Centers for Medicaid and Medicaid Services (CMS) administrative law judge (ALJ). Most conditional payment demand […]

    Read More

    New from NCCI: Temporary Disability Duration in Workers Compensation – A First Look

    WHAT: NCCI’s latest report: Temporary Disability Duration in Workers Compensation – A First Look  [link.mediaoutreach.meltwater.com] WHO: The report is authored by:   KEY INSIGHTS:  WHY IT MATTERS: The majority of lost-time claims receive TD benefits at some point. Given their ubiquity, it’s important […]
    Sponsored: Business Insurance Magazine Names ReEmployAbility as One of the Top Places in Insurance to Work

    Contact: Joanna Jewell (813) 371-6808 | news@reemployability.com  (November 8th, 2023) – ReEmployAbility is pleased to announce that it was named one of the “Best Places to Work in Insurance” by Business Insurance for 2023. Business Insurance […]
    ATF Medical will present an “Introduction to Home Modifications” webinar on December 6

    CEUs available for Certified Case Managers Newnan, Georgia (Nov. 3, 2023) — ATF Medical’s Executive Director/Rehab Technology Erin Zablocki, CDME, Master C.E.A.C., ECHM will present an “Introduction to Home Modifications” on December 6 at 10 a.m. ET/7 a.m. PT. […]
    Technology Driving Business Success! 

    By: Horizon Casualty Services, Inc.  No matter the industry, technology is a driving force. In the ever-evolving landscape of Workers’ Compensation (WC) and Personal Injury Protection (PIP), technology stands as a catalyst for profound transformation. […]
    ReEmployAbility Named as one of Tampa Bay’s Leading Women-Run Businesses 

    Brandon, Florida (October 19th, 2023) – ReEmployAbility, a leader in the Return-to-Work niche, is delighted to announce its recent recognition as a top women-led business in Tampa Bay. In the September 22nd edition of The […]
    Industry Webinar: Physician Service Utilization—A Multistate Review 

    Don’t miss this insightful session featuring NCCI’s Executive Director of Actuarial Research, Raji Chadarevian on Thursday, October 26 at 2:00 p.m. ET. Join Raji as he reveals key findings from a recent study on physician service […]

    Request a Demo

    To request a free demo of one of our products, please fill in this form. Our sales team will get back to you shortly.