Premium rates announced
WorkCover WA has released its 2008/09 premium rates.
On average, the recommended rates will decrease by 14.4%, with the typical rate falling from 1.849% to 1.582%.
The new rates will take effect from 30 June and, since 40% of policies are renewed in May and June, many Western Australian businesses will feel the benefit of the reduction immediately.
The WorkCover WA recommended rates are a strong guide to insurance companies in setting premiums and a useful tool for employers and their insurance brokers in negotiating the best deal.
Click here to access the 2008/2009 recommended premium rates.
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