Recommended premium rates for workers' compensation insurance policies were published today in a Special Government Gazette.

An increase of 1.38% has been applied to the recommended premium rates as a result of legislative amendments which remove age-based limits on workers' compensation entitlements.

The increase will take effect on 1 October 2011 and was based on an actuarial assessment undertaken by the workers' compensation scheme actuary, PricewaterhouseCoopers. A copy of the actuarial report and the full schedule of recommended premium rates are available via the Rates, Fees & Payments page on the WorkCover WA website.

The Chairman of the WorkCover WA Board has made a media statement (PDF - 70kb) to announce the recommended premium rates that come into effect on 1 October 2011.