WCD Bulletin Covers Loss Reporting Instructions

Oregon’s Workers’ Compensation Division posted an instructional bulletin outlining the process for self-insured employers and self-insured employer groups to report claims data next year. Self-insured employers must report total claim payments, outstanding reserves and total incurred losses each year. The division uses the information to calculate experience rating modifications, security deposits and retrospective rating plan adjustments, when appropriate. Loss reports must be submitted through the division’s website. Failure to submit a report can result in a 25% se...