Workers Compensation Rate to increase by an average of 4.8%.
L&I proposes a rate increase in 2023.
Starting January 1, 2023 Washington Workers’ Compensation Rate to increase by an average of 4.8% after Washington’s Department of Labor & Industries annual fall review of its workers’ compensation rates. The department recently announced a proposed 4.8% rate increase.
Employers should note the 4.8% is an average calculation by L&I and an employer’s actual rate change may differ depending on the employer’s individual claim history as well as changes in the number and costs of claims within their industry. Proposed rate changes for all employer risk classes may be found here: 2023RatesBusTypeClassCode.pdf (wa.gov).
WHC Attorneys helps clients with a variety of employment law issues. Helping good people do great things!