Employers and workers may soon be paying more for workers’ compensation insurance after the Washington Department of Labor & Industries proposed a 4.8 percent rate increase.
If adopted, the department said the rate increase would result in employers and employees jointly paying an additional $61 a year, on average, for a full-time employee within a business.
Workers would continue to pay on average about a quarter of the program’s premium, which is like what was paid in 2022.
The department said in a statement that it “will use contingency reserves to cover any gap between premiums and costs to keep rates steady and avoid a larger increase.”
