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Department of Workforce Services Workers' Compensation Division proposes a significant industry base rate decrease to support employers

CHEYENNE– The Department of Workforce Services Workers’ Compensation Division proposes a significant decrease in workers’ compensation rates. For 2024, the overall rate indication is a decrease of 6.5% compared to the overall Industry Base Rates in 2023. Base rate changes at the class level will vary, but businesses may see up to a 20.1% decrease. The 2024 proposed class rates are listed on the department's website at: dws.wyo.gov/employerservices.

The Department will hold a public hearing on the proposed changes on Oct. 19, at its offices located at 5221 Yellowstone Road, Cheyenne, WY. Writte...

 

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