WCD Updates Premium Assessment Bulletin

The Oregon Workers’ Compensation Division on Friday announced premium assessments that fund its operations will increase in 2020. The assessment rate for insurers will increase to 8.4% from 7.8% on Jan. 1. Self-insured employers must pay an additional assessment to fund the Self-Insured Employer Adjustment Reserve and the Self-Insured Employer Group Adjustment Reserve. Individually self-insured employers and public sector self-insured employer groups pay an additional assessment of 0.1%, bringing the total assessment to 8.5% compared to the 8% paid in 2019. Private self-insured emplo...