Service Center pricing for claims-related and non-rated accounts
Affordable coverage, enhanced service, and better pricing for Oregon employers.
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Just a reminder that SAIF’s 2024 rate filings support our commitment to our mission to serve Oregon’s workers and employers by making workers’ compensation coverage widely available, affordable, and accessible, and by providing extraordinary service.
As a reminder, on all new sales, the agency commission levels are increased by 4% for the first term written as new business to SAIF.
Beginning in 2024 we provide improved pricing on non-rated and claims-rated policies written in the SAIF Service Center.
- Non-rated policies will be priced in Tier E (previously Tier F). This equates to a 9.2% rate load factor reduction.
- Claims-rated policies will now be priced in Tier D or Tier E (previously Tier F). This equates to a 9.2% rate load reduction for policies moving to Tier E and an 18.4% rate load factor reduction for policies that are eligible to be written in Tier D.
An additional rate filing was approved providing opportunity for preferred pricing on select class codes for new and renewing policies effective July 1, 2024. The principal class codes listed below may receive preferred pricing (up to a two-tier reduction). The class codes were carefully chosen based on a consistent pattern of favorable performance.
