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Tag: Massachusetts workers compensation rates

Policy Changes and Your Business

Policy Changes and Your Business

Massachusetts workers compensation rates are changing. In March of 2018, the Workers Compensation Rating & Inspection Bureau of Massachusetts issued a letter to all of their members letting them know that rates and Experience Rating would both be altered. How does this impact your business? What Are the Changes? The two most important pieces of information in the WCRIBMA letter ,an overall reduction in rates, and changes in the Experience Rating system ,will affect every company with a payroll in…

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