Maine lowers workers comp rates

The Associated Press
Posted June 16, 2010, at 9:46 a.m.

AUGUSTA, Maine — State officials say assessments paid by Maine employers to fund the workers’ compensation board are decreasing.

Gov. John Baldacci and the executive director of Maine Workers’ Compensation Board, Paul Dionne, said Wednesday that the board has approved the largest reduction in employers’ assessments since 1993.

Assessments which fund the agency have been reduced by nearly $3.5 million, to $7.35 million. The board was able to do that by a series of steps including a transfer of money from the rehabilitation fund, and salary savings from vacancies and shutdown days.

The reduction affects assessments that pay for the agency’s administration. They’re separate from those which pay for injured worker coverage.

http://bangordailynews.com/2010/06/16/politics/maine-lowers-workers-comp-rates/ printed on July 29, 2014