Wisconsin’s Worker’s Compensation premium rates are among the lowest in the country, according to Forward Wisconsin.
During the 1990s, rates declined by 33% resulting in more than $1 billion in savings for Wisconsin companies. Since then, rates have continued to decline and compare very well to the overall average against 3 bordering states.
In 2008-09, Wisconsin averaged $3.95 in 29 industries as compared to $7.04 in Illinois, $6.01 in Minnesota and $4.83 in Michigan.
Wisconsin’s Worker’s Compensation rates typically provide significant savings over those of neighboring states as illustrated by a Four State Comparison.
For more information, visit the website for Forward Wisconsin.