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Washington's workers' comp rates will increase 2.7% in 2014

Predictable rates with adequate reserves

Workers

L&I announced on December 2, 2013 that the 2014 average 'base' rate for workers' compensation premiums will increase by 2.7% across 318 risk classifications in 2014. Some businesses will pay more or less in premiums, depending on their safety record and other factors.

This is the first average 'base' rate increase in workers' compensation rates in three years.

The 2.7% adjustment will help:

  1. Provide steady and predictable rates.
  2. Benchmark against wage inflation (this happens automatically in other states).
  3. Slowly rebuild reserves to protect against unexpected changes.

Learn more:

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