Rate cuts for workers' comp premiums announced

Rate cuts for workers' comp premiums...

DOUGLASS TWP., Pa. - Two of Pennsylvania's top officials visited the Boyertown area to announce rate cuts for workers' comp premiums.

Members of Gov. Tom Wolf's administration, including the insurance commissioner and the secretary of labor and industry, visited Global Advanced Metals in Douglass Township, Montgomery County, on Thursday.

They announced a rate cut for workers' compensation insurance premiums. The officials said the cuts will save Pennsylvania businesses $150 million next year.

"For the sixth year in a row, workers' comp insurance rates are going down. They're going down effective April 1 by 6.2 percent this year alone," said Pennsylvania Insurance Commissioner Teresa Miller.

Officials said the cuts will not affect benefits for injured employees.

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