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Oregon: Division sets claims processing administrative cost factor
The Workers' Compensation Division revised the administrative cost factor to 16.60 percent for 2012.
The division applies this factor to approved supplemental disability and claim cost reimbursements. Insurers may not add the factor to their quarterly reimbursement requests. The division noted that the annual factor applied is based on the date the insurer paid the cost, and insurers' administrative costs for specific claims will vary. Read more at the WorkersComp Forum homepage.
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