L&I Announces 4.8% Increase in Premiums

The Washington State Department of Labor and Industries on Wednesday announced a 4.8% increase in the average workers’ compensation premium rate for 2023. “The rate increase, prompted by wage inflation and rising medical costs, means employers and workers will jointly pay an additional $61 a year, on average, for each full-time employee,” the department said. Employers and workers pay into the workers’ compensation system to help cover the cost of providing wage and disability benefits for injured workers, as well as medical treatment for workplace injuries and il...