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Oregon: Bulletin covers self-insured base rates
The Workers' Compensation Division issued a bulletin regarding self-insured base rates and election of method used for determination of premium.
The division noted that new retrospective rating plan tables were created. The corporate officer maximum and minimum were increased. Also, the term "medical only deduction" was changed to "employer-paid medical reimbursement claim costs" to be consistent with other references in administrative rules. The new forms and rates went into effect on July 1. The information in the bulletin should not be used to complete a second quarter 2012 workers' compensation payroll and assessment report. For more information, visit www.wcd.oregon.gov/policy/bulletins/docconv_12819/bul_365.pdf. Read more at the WorkersComp Forum homepage.
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