Without government fee schedule, work comp rates drop 8.46%
The four groups serving as health care liaisons to the State’s Worker’s Compensation Advisory Council are praising the largest drop in worker’s compensation insurance premium rates in the last 24 years as yet another indicator of the program’s strength and stability. The 8.46 percent drop in premiums took effect October 1 – the largest drop in premiums since 1995. Wisconsin already had the lowest worker’s compensation rates in the Midwest, which have gone down again in both 2016 and 2017.
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