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December 8, 2021

Workers' comp rates rising 3.1%

By JOURNAL STAFF

TUMWATER — The state Department of Labor & Industries will raise the average workers' compensation premium rate by 3.1% next year.

“A modest hike is needed because of the rising costs to provide workers' compensation coverage. It's the first rate increase in five years,” said L&I Director Joel Sacks in a news release. “We're using our contingency reserve to limit the increase for employers and workers next year, keeping premiums, on average, lower than they were in 2017.”


 
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