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If your Oregon business has just one full-time or part-time employee, youre generally required to carry workers compensation insurance. An exception applies if your payroll is less than $500 for any 30-day period but if your payroll is ever $500 or more, you must get workers comp insurance for your workers.
The Workers Benefit Fund (WBF) assessment funds return-to-work programs, provides increased benefits over time for workers who are permanently and totally disabled, and gives benefits to families of workers who die from workplace injuries or diseases. In 2023, this assessment is 2.2 cents per hour worked.
If your Oregon business has just one full-time or part-time employee, youre generally required to carry workers compensation insurance. An exception applies if your payroll is less than $500 for any 30-day period but if your payroll is ever $500 or more, you must get workers comp insurance for your workers.
Is Oregon a Monopolistic State for Workers Compensation? Oregon is not a monopolistic state. You can get workers compensation insurance through a private insurance carrier or a state-run fund.
The Department of Consumer and Business Services (DCBS) carries out policy for the governor, regulates Oregons workers compensation system, makes certain that employers provide insurance, and ensures that injured or ill workers receive the benefits due them.
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Workers compensation insurance pays for workers medical treatment and lost wages on accepted claims when workers suffer work- related injuries and illnesses. By law, Oregon employers that have one or more employees, full or part time, must carry workers compensation insurance or be self-insured.
Workers compensation insurance pays benefits if you suffer from an injury or disease in your employment. It pays for medical expenses for your accepted conditions. It provides compensation when you lose time from work. It provides compensation if you suffer a permanent disability.
The median index rate has ranged from a high of $4.35 per $100 of payroll in 1994 to the current low of $1.27 per $100 of payroll in 2022 (see Figure 3).
Introduction to the Workers Compensation Law Workers compensation is insurance that provides cash benefits and/or medical care for workers who are injured or become ill as a direct result of their job. Employers pay for this insurance, and shall not require the employee to contribute to the cost of compensation.
You will receive two-thirds (66 2/3 percent) of your average weekly wage. There are minimum and maximum amounts you can receive, but few workers docHub these limits. By law, SAIF and all workers comp insurance companies must pay this percentage.

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