MSF Proposes 5% Rate Reduction

Montana State Fund proposed a 5% average rate reduction that would take effect July 1. If approved, the cut would bring rates to their lowest level in the carrier's 35-year history. Montana State Fund said the latest reduction would result in a cumulative 64.6% rate cut over the last 20 years and a combined 18.8% decrease over the last three years. MSF President and CEO Holly O’Dell said in a statement that persistent rate cuts benefit employers and workers alike.  “Lower costs and stable rates help businesses grow, create new jobs and invest in safer workpla...