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(c) 2019 Jon L Gelman, All Rights Reserved.

Monday, September 16, 2019

NJ Workers' Compensation Premium Rates to Decline in 2020

The New Jersey compensation rating and inspection euro has announced that we will be seeking a decrease of 3.8% in the overall premium and rate levels effective January 1, 2020.


The proposed revision is based upon its most recent experience ratings and a review of classification relativity. If these changes are approved, it would represent the fourth consecutive year that rates have decreased in New Jersey and the fifth year in a row where there has not been an increase.
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Jon L. Gelman of Wayne NJ is the author of NJ Workers’ Compensation Law (West-Thomson-Reuters) and co-author of the national treatise, Modern Workers’ Compensation Law (West-Thomson-Reuters). For over 4 decades the Law Offices of Jon L Gelman 1.973.696.7900jon@gelmans.com has been representing injured workers and their families who have suffered occupational accidents and illnesses.

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