DCBS Cutting Rates 3.3%

The Oregon Department of Consumer and Business Services said employers will pay an average of 3.3% less for workers’ compensation coverage next year. The department said the advisory pure premium rate for 2026 will be 87 cents per $100 of payroll, down from 91 cents in 2024. “The decline in costs marks 13 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. The department said the pure premium rate per $100 of payroll has decreas...