AWB Statement on Proposed 2020 Workers’ Compensation Rates
OLYMPIA — Kris Johnson, president of the Association of Washington Business, issued the following statement on the state Department of Labor and Industries’ proposed 2020 workers’ compensation insurance tax rates:
“The proposed reduction in workers’ compensation insurance rates by an average 0.8% is welcome news for the state’s employers. Washington remains one of the most expensive states in the country for workers’ compensation insurance, so any reduction is a step in the right direction. We remain concerned, however, about the diversion of workers’ compensation funds in recent years. Rather than setting aside these funds solely to help injured works, the state has been using a portion for other programs. This raises the cost of workers’ compensation insurance.
“We look forward to continuing to work with lawmakers and others to make Washington’s workers’ compensation more competitive, to reduce costs for employers and to bring economic prosperity to every corner of the state.”