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Workers' compensation premium assessment unchanged; state compensation plan shows multi‑year cost projections
Summary
The Department of Consumer and Business Services reported the workers' compensation premium assessment rate will remain 9.8%; DCBS said the workers' benefit fund assessment will drop from $0.02 to $0.018 per hour for 2026. DAS presented multi‑year compensation plan cost projections in their consent report materials.
The committee acknowledged two agency reports on Nov. 17.
The Department of Consumer and Business Services reported the workers' compensation premium assessment rate remains unchanged at 9.8% and that the workers' benefit fund assessment will decrease from $0.02 per hour to $0.018 per hour for 2026. Matt West, administrator of the workers'…
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