TN Workers’ Comp Rates Falling for 10th Year In a Row

Date: January 27, 2023

NFIB was instrumental in passing reform in 2013

For the 10th consecutive year, overall workers’ compensation rates will drop. The loss cost for the voluntary market will decrease more than 10% as of March 1 and more than 60% the last 10 years). Full insurance rates will vary based on company experiences and expenses. Read more here.

NFIB was instrumental in advocating for passage of a major overhaul of our state’s workers’ comp system in 2013, which has benefited both employers and workers and remains engaged with stakeholders to make continued improvements.

https://www.tn.gov/commerce/news/2022/12/20/tn-workers–omp-rates-will-decline-for-tenth-consecutive-year-in-2023.html

Related Content: Small Business News | Tennessee

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