Oregon Workers’ Compensation Insurance
Oregon state locals work hard and play harder. If you didn’t know already, Oregon has 281 breweries in 79 cities across the state.1 And as one of the most popular places to move to, it’s no surprise that Oregon is prime real estate for employees and employers alike.2 When it comes to working in Oregon, there are different risks that employees can face. To prevent and reduce worker injuries, Oregon created a workers' compensation system in 1914.3
The program provides benefits to employees with a work-related illness or injury. And when disputes come up, Oregon’s workers’ compensation system can help resolve them.
Workers’ Comp Insurance Coverage in Oregon
Workers’ compensation insurance can help your Oregon employees recover from a work-related injury or illness. This type of business insurance can help replace some of their missed wages if they have to miss work and can also help pay for necessary medical treatment.
Coverage requirements in Oregon call for most businesses to have workers’ compensation insurance.4 If you have employees, you’ll most likely need coverage.
Oregon has a private market for workers’ comp insurance. This means you can buy workers’ compensation from insurance carriers, like The Hartford.
Oregon also has a state fund that competes with the private market. You can contact the SAIF Corporation if you’re unable to get coverage from a private insurance carrier. SAIF is a not-for-profit, state-chartered workers’ compensation insurance provider in Oregon that’s been helping Oregon employers and their employees for over 100 years.
If an insurance company denies you workers’ compensation coverage, you may consider applying to the state’s assigned risk plan. This plan provides you with coverage, no matter what your circumstances are. The National Council on Compensation Insurance (NCCI) administers the plan. And you can call 800-622-4123 ext. 6240 for an application.
Proof of coverage is simple when you’re insured with The Hartford. Also known as a certificate of insurance, this document proves you have workers’ comp coverage in Oregon. It also includes important coverage details for your policy. Learn more about proof of insurance in Oregon by talking with an insurance agent or get a quote today.
What’s covered? Workers’ comp provides benefits to employees who get sick or hurt because of their job. It can also help provide payments to an employee’s beneficiaries if a work injury or illness causes their death.
Some examples of how this insurance can help your employees include:
- Your employee is driving to Portland to meet with a client. He gets into a car accident and goes to the hospital for treatment. Workers' comp can help cover his hospital costs.
- Your employee breaks her leg while working in a warehouse. She needs physical therapy to recover. Workers' comp can help cover her ongoing care costs.
What Workers’ Compensation Covers in Oregon
Oregon workers’ compensation insurance from The Hartford can help cover:
Illnesses caused by exposure to harmful substances or allergens from work. Workers’ comp can help cover your employee’s medical costs if he gets a work-related illness.
Accident or injury costs, such as medical bills, if your employee gets hurt from a work-related cause.
Missed wages if your employee takes time off from work to recover from a work-related injury or illness.
Repetitive stress injuries that develop over time, such as carpal tunnel syndrome. Workers’ comp can help Oregon workers pay for the medical care needed to treat repetitive stress injuries.
Ongoing care costs if your employee’s work-related injury or illness requires additional treatment, such as physical therapy.
Disability benefits if a work-related injury or illness leaves an employee disabled or unable to return to work as expected. Workers’ comp in Oregon can help provide benefits to help pay for medical bills and some lost wages for disabled or permanently disabled employees.
Funeral costs if your employee loses their life in a work-related accident.
Oregon Workers’ Compensation Laws
If you’re an employer in Oregon, you probably need workers’ compensation coverage. If you don’t have workers’ compensation insurance when you should, the Oregon Workers’ Compensation Division (WCD) will send you an order.5 The order tells you how long you haven’t had coverage and the amount of your fine. The penalty for your first offense is double the cost of your workers’ comp coverage. The minimum penalty is $1,000. After that, you can be charged $250 a day until you get coverage. If you receive a third order, WCD requests a court injunction to force you into compliance. Ignoring the third order means you’ll be in contempt of court and subject to other sanctions.6
Without workers’ comp coverage, you’ll end up paying more than just the penalties if an employee gets hurt or sick from a work-related cause. According to Oregon state law, an employer without insurance is financially responsible for the same benefits insured employees get. That means you’ll be responsible for paying for your employee’s medical costs and wage loss benefits if you don’t have coverage. The law also states a certified claims agent processes the claim. The business owner pays the processing fee and benefits cost.7
Oregon Workers’ Compensation Board
Claims disputes or disagreements under workers’ compensation law get reviewed by Oregon’s Workers’ Compensation Board.8 The Board aims to provide timely and impartial resolutions to disputes.
Oregon Compensation Rates
Oregon workers’ compensation rates are some of the lowest in the country.9 The rates dropped in 2019 for the sixth-straight year.10 Lower medical costs and less severe claims were factors in driving premiums down.11
In 2019, Oregon employers will pay an average of $1.12 per $100 of payroll for workers’ compensation.12 Rates are set by individual class code or industry and advised by the NCCI,13 a national rate-making organization.
Your final cost for workers’ compensation insurance in Oregon depends on different factors, including:
- How many years your company has been in business
- Your business’s claims history
Oregon Workers’ Compensation Claims
Are you an employee of an Oregon business? Are you an Oregon business owner? Learn more about Oregon workers’ compensation and explore the Top 10 workman’s comp questions frequently asked by employers and employees. To file a claim in Oregon, visit our workers' compensation claims page today.
This article provides general information, and should not be construed as specific legal, HR, financial, insurance, tax or accounting advice. As with all matters of a legal or human resources nature, you should consult with your own legal counsel and human resources professionals. The Hartford shall not be liable for any direct, indirect, special, consequential, incidental, punitive or exemplary damages in connection with the use by you or anyone of the information provided herein.
4 State of Oregon: Department of Consumer and Business Services, “Workers’ Compensation Insurance Overview.”
9, 10, 11 State of Oregon: Department of Consumer and Business Services, “Oregon Workers’ Compensation Costs.”
12 State of Oregon: Department of Consumer and Business Services, “Oregon Workers’ Compensation Costs.”