Loss Costs Decreasing 32.8% Due to Bill Eliminating Payroll Cap

The Nevada Workers' Compensation Section on Tuesday announced that workers' compensation loss costs are decreasing by 32.8%, effective Oct. 1, as a direct result of a bill eliminating a payroll cap used to calculate premiums. Lawmakers in 2025 enacted SB 317, a multifaceted measure that ordered the Division of Industrial Relations to adopt the ODG formulary and closed the Subsequent Injury Account for Associations of Self-Insured Public or Private Employers to new claims.  The bill also replaced the statutory $36,000 payroll cap for private employers with a limit that is equal t...