Just when we thought we’d heard the last of higher taxes in the middle of the worst recession in 80 years, Oregon employers are in line to get hit with just that…higher taxes…for workmans compensation insurance to pay medical and rehabilitation costs after a job-related injury.
As the Register Guard reports, workmans-comp rates are based on average worker pay and medical costs. However, as we all know, wages and salaries have been stagnant when their buying power hasn’t actually gone down. Meanwhile, medical costs have risen like a rocket over the same period. Basically, it’s a national story brought home to fester. Here’s the details from the Register Guard. Click here.