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Average Cost for Coverage Increasing 3.1% in 2022

Wednesday, December 1, 2021 | 0

The Washington State Department of Labor & Industries announced a 3.1% increase in the average workers’ compensation premium rate for hours worked next year. “A modest hike is needed because of the rising costs to provide workers’ compensation coverage,” L&I Director Joel Sacks said in a statement. Rates for individual employers may go up or down depending on their recent claims history and changes in the frequency and cost of claims in their industry risk classes, the department said. Workers will continue to pay on average about a quarter of the premium,...

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