Workers’ Comp Rates Decrease in VT

Vermont Governor Jim Douglas said Monday that business owners in his state will soon be paying less for workers’ compensation insurance.

Insurance rates and premiums will change on April 1, marking the fourth consecutive year in which rates have decreased. The new rates were approved by the Department of Banking, Insurance, Securities and Health Care Administration.

The new rates will vary from industry to industry. There were significant reductions in the ski industry; rates will go down by 13 percent. Dairy farms will also see substantially lower rates, almost a 19 percent decrease.

In North Carolina our workers’ compensation program is based on the belief that employees should be able to receive full medical treatment for their injuries. If you or someone you know has been injured on the job, the Raleigh workers’ comp lawyers of Scudder Seguin, PLLC can help. Please call our offices at 919-851-3311.