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Division reports 2026 rates: premium assessment steady, workers' benefit fund assessment falls to 1.8¢
Summary
Administrator Matt West told MLAC the premium assessment will remain 9.8% for 2026 and the workers' benefit fund assessment will fall from 2¢ to 1.8¢ per hour, with rule filings effective Jan. 1, 2026.
Matt West, administrator of the Workers' Compensation Division, summarized the division's annual rate‑setting and rulemaking schedule. He said the proposed premium assessment for 2026 will remain at 9.8% and that the workers' benefit fund (WBF) cents‑per‑hour assessment will decrease from 2¢ to 1.8¢ per hour.
"So for 2026, the rate for the premium assessment will remain at 9.8 percent," West said, and confirmed the WBF assessment change will be effective Jan. 1, 2026. He described the rule‑making calendar: hearings in October and November with an effective date of 01/01/2026 for many of the changes tied to recent legislation.
West also reviewed other rulemaking work to implement SB 604 and HB 2802, including advisory committees and planned hearings for Division 50 (self‑insured employer rules), Division 60 (claims administration) and Division 9/10/15 (medical fee schedule). Committee members asked for clarifications about how the WBF assessment change would be divided and requested an impact assessment on the WBF when the institute's legislative concept is developed.
