An official website of the State of Oregon
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This chart shows pure premium will decrease an average of 6.7 percent in 2024 from 2023. Pure premium is the base rate employers pay to their insurance company before adding insurer expenses and profit.
This graph shows that, if approved by the director, employers will pay 9.8 percent of their workers’ compensation premiums for state administration of workers’ compensation programs.
This graph shows the hourly assessment decreasing to 2.0 cents in 2024. Employers must pay at least half of this cost. The rate is subject to approval by the director.
Total employer costs per $100 payroll for loaded pure premium, premium assessment, and Workers' Benefit Fund cents-per-hour assessment. Loaded pure premium includes insurer costs, known as expense loading factors. Historic figures are adjusted to reflect the 2022 mix of employment and payroll.
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