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Winning combination: Pennsylvania employers get workers' comp rate cuts, employees maintain benefit levels

The premium savings will vary based on the employers risk classification, claims experience and other factors.

By Rosalie L. Donlon | Updated on March 30, 2015
Workers compensation is a major expense for most companies.

Kathy Manderino, acting secretary of the Pennsylvania Department of Labor & Industry (DLI) announced on March 27 that state businesses will see a significant cut in workers’ compensation insurance rates while benefit levels for injured workers will be maintained. Workers’ comp insurance rates will drop 5.99%, effective April 1, reducing a key expense for many companies and saving Pennsylvania businesses an estimated $140 million this year.

“A constant concern for business owners is reducing costs while supporting employees’ health and livelihood,” said Gov. Tom Wolf. “These rate reductions will go a long way toward ensuring [that] business owners can continue to create and support jobs that pay in Pennsylvania.”

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