Oregon regulators cutting comp rates by 3.2%

The Oregon Department of Consumer and Business Services said employers will pay an average of 3.2% less for workers compensation coverage next year. The department said the advisory pure premium rate for 2025 will be 91 cents per $100 of payroll, down from 93 cents in 2024. “The decline in costs marks 12 years of average decreases in the pure premium rate – the base rate insurers use to determine how much employers must pay for medical costs and lost wages,” the department said in a statement Thursday.

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