Workers' Compensation Insurance

Most likely. Most states require employers to obtain workers' compensation coverage, including Oregon.

A premium audit is a review of worker duties, and an examination of payroll and accounting records.

Employers can pay premiums via either ACH, by card, by mail, or by phone. Automatic payment options are available.

The cost depends on several factors, including industry and job classifications, annual payroll, number of employees, claims history, workplace safety record, experience modification rating (if applicable). Businesses in lower-risk industries, such as professional services, generally pay lower premiums than construction, manufacturing, or logging companies.

Workers' compensation insurance typically covers medical treatment for work-related injuries or illnesses, wage replacement for employees who cannot work while recovering, permanent disability benefits, vocational rehabilitation when necessary, death benefits for eligible dependents, employer liability protection for covered workplace injuries.

In most cases, all employees must be covered, including full-time employees, part-time employees, seasonal employees, temporary employees.