Washington is one of four monopolistic states left in the United States. NCCI state rules and manuals do not apply in Washington. This means that all rates are set by the state and that private insurance companies are not permitted to compete in the state.
Workers compensation rates are regulated by the Washington Department of Labor and Industries and they act as the exclusive State Fund insurance carrier. Employers doing business with one or more employee are required to carry workers compensation coverage in Washington.
2016 Washington Workers Comp Rates and Class Codes.
State Workers' Comp Rates
The Department of Labor and Industries requires that all employers open an account. Once the account has been opened, employers will receive a workers' compensations rate notice from DL&I. The will also send rate notices annually as state rates change and/or your individual experience modification factor changes with claims activity and time. Notices are generally mailed in December and become effective January 1st.
Washington rates are different than the normal NCCI rating system and are referred to composite rates. Like NCCI rates, they are based on hourly units of wages per hundred, but they are based on four separate cost factors determined by the state. Included components of rating are:
- Washington Accident Fund
- Medical Aid Fund
- Stay at Work Program
- Supplemental Pension Fund
State Resources for Washington
Washington Department of Labor and Industries
PO Box 4400
Olympia, WA 98504-4000
WA Dept. of Labor and Industries
Washington Board of Industrial Insurance Appeals
2430 Chandler Court SW
PO Box 42401
Olympia, WA 98504-2401
Board of Industrial Insurance Appeals
Washington is not under the Jurisdiction of the National Council for Compensation Insurance (NCCI) and the state makes its own laws and rules for state workers' comp coverage. Employers can only buy coverage from the state fund.
Our agency can help employers find other state and multi-state coverage for businesses that need insurance in one or more additional states.