Workers’ Comp Rates in Idaho to Decrease for 2017

The Idaho Department of Insurance has received a proposal from the National Council on Compensation Insurance for an overall rate drop of 1.2 percent percent in workers’ compensation insurance to become effective Jan. 1, 2017.

NCCI collects information about the workers’ comp system in Idaho and submits proposed rates to the department for review and approval.

Dean Cameron, department director, said the rate drops reflects the stability of Idaho’s workers’ comp system.

“Frequency of claims for lost work time claims has remained consistent, and the average costs of those claims have declined. Medical cost per case has leveled off,” he said in a statement.

Related:

• Idaho Workers’ Comp Rates to Increase Slightly For 2016
• Lawmakers Won’t Bail Idaho Workers’ Comp Fund Out of ‘Pickle’
• Idaho Senate Votes to Ease Workers Comp For Firefighters

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