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Pure Premium to Drop 6.6% in 2017

Friday, September 23, 2016 | 0

Pure premium will drop 6.6% in 2017, the fourth year in a row that the figure has fallen, Oregon's Department of Consumer and Business Services announced this week. The average employer will pay $1.02 per $100 of payroll for claims costs and assessments in 2017, down from $1.10 in 2016. Employers will see the changes when they renew their policies. Oregon's workers' compensation premiums are among the 10 lowest nationally, the consumer services department said. Two other rates will change in 2017: Premium assessment, which funds the state's workers' compensation and w...

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