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Oklahoma could see increase in workers' compensation rates as costs rise

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Oklahoma could see increase in workers' compensation rates as costs rise

The National Council on Compensation Insurance submitted asupplemental advisory loss cost filing to the Oklahoma Insurance Departmentindicating an overall increase in workers' compensation loss costs of 3.4%.

The department said April 29 that the increase was due to anApril 12 ruling by the Oklahoma Supreme Court.

The court in a 7-2 decision ruled that the permanent partialdisability deferral provisions in the state's workers' compensation laws areunconstitutional and breached injured workers' due process rights, Oklahoma'sNewsOK.com reported April 30.

"I fully support the difficult work the Legislature hastaken on with its efforts to improve our state's workers' compensationsystem," Oklahoma Insurance Commissioner John Doak said in a statement.

NCCI provides comprehensive loss cost filings to the stateon an annual basis to indicate the impact of changes in the law and employerloss experience trends on future losses. Over the past three years, these annualfilings have totaled a reduction of 37.2%, the department noted.

The loss cost filing is scheduled to take effect July 1.However, NCCI has reviewed pending legislation in Oklahoma and said it couldwithdraw the filing if the language is passed this session.