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Claims Processing Administrative Factor Increasing to 18.61%

Monday, December 18, 2023 | 0

The Oregon Workers’ Compensation Division announced that the claims processing administrative cost factor for 2024 is 18.61%, up from the 17.82% factor used in 2023.  The factor is used to calculate reimbursement for carriers and self-insured employers that made supplemental disability benefit payments to a preferred worker. Employers that create positions to accommodate restrictions placed on injured workers can receive premium exemptions, wage subsidies and grants under the preferred worker program. If a preferred worker suffers a new injury during the premium exemption period, ...

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