Ohio receives high marks in workers’ compensation rates

Ohio continues to ascend the rankings of a biennial study that compares national workers’ compensation rates. The state’s rates improved from 33rd in 2014 to 40th, making Ohio the 11th lowest among all states. Ohio’s standing in the Oregon Study, which ranks states from most expensive to least expensive, has continually improved since its rates were ranked third highest in the nation in 2008. The Oregon Study, produced by the Oregon Department of Consumer & Business Services, compares each state’s base rates across a selection of 50 widely used classification codes that are assigned by occupation to indicate their degree of risk.