Workers’ Compensation Premium Rates

PA's Rank Stays At th Compared To

What Is This

Premium rate index in dollars, per $100 of payroll, 2018. The Oregon Department of Consumer & Business Services Information Services Division produces a biennial report on state Premium Rate Index Rankings which provides the only comparable national data on such costs among states.

Why It's Important

Workers’ Compensation premium rates directly impact the cost of doing business and vary based on laws, regulations, administrative policies and structures that are largely under the control of the state, in addition to composition of the workforce and employers’ actions to prevent injuries.

Trend

While Pennsylvania’s workers’ compensation index rate improved dramatically since 2010, recent changes in other states have made Pennsylvania less competitive. The median index rate per $100 of payroll for 2018 fell to $1.70 from $1.85 in 2016. Pennsylvania’s index rate for 2018 is well above the median at $1.85, resulting in a rank of 34th nationally.

Source

“Oregon Workers’ Compensation Costs”, Oregon Department of Consumer and Business Services, 2018| View website