L&I has published a rate table online and will soon send all employers a rate notice. The new rates take effect Jan. 1, 2013.
2013 rates by business type and risk classification code
- 2013 Hourly Base Rates by Business Type & Risk Classification Code (42 KB MS Excel).
- 2013 Hourly Base Rates by Business Type & Risk Classification Code (259 KB PDF).
- 2013 Hourly Rates by Risk Classification Code and Fund (33 KB MS Excel).
- 2013 Hourly Rates by Risk Classification Code and Fund (206 KB PDF).
While there will be no overall rate increase in 2013, individual employers may see their rates go up or down, depending on their recent claims history and changes in the frequency and cost of claims in their industry. The table below lists rates for 345-risk classification. The new rates take effect Jan. 1, 2013. Final rate notices will be mailed to employers in early December, 2012.
Earlier this year, when L&I proposed no increase for 2013, Director Judy Schurke credited the proposal to savings from the reforms passed during the 2011 legislative session and other factors projected to hold down costs next year.
The 2011 reforms will save $1.5 billion over four years, $300 million higher than originally estimated.
L&I expects to receive fewer claims from high hazard industries like construction in 2013, as the economy continues a slow recovery. Injuries in these industries tend to be more severe and costly.
L&I's rate decision means an additional $82 million will be placed in the State Fund reserves by the end of 2013. The Workers' Compensation Advisory Committee, which has been working with L&I on a plan to rebuild the reserves, endorsed L&I’s proposal to hold rates steady in 2013 and begin rebuilding the reserves.
Washington is the only state where workers contribute a substantial portion of the premiums. Next year, their share will be about 24 percent.
More than 100,000 workers in Washington state are injured on the job each year. L&I must review premium rates annually and make adjustments to cover the anticipated costs of claims that will be filed in the next year.
More information about 2013 workers’ comp rates is available at www.Rates.Lni.wa.gov