Workers’ comp rates to increase 2 percent in 2016
TUMWATER – The state Department of Labor & Industries (L&I) announced Dec. 1 that the average base rate Washington businesses pay for workers’ compensation insurance would increase by 2 percent in 2016.
Washington businesses and employees pay workers’ compensation premiums to help cover the cost of providing wage replacement and disability benefits, as well as medical treatment of work-related injuries and illnesses. The money also goes toward building reserves to protect the workers’ compensation funds against unexpected costs.
L&I uses wage i...
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