Idaho will see an overall decrease in workers compensation rates in 2010 of approximately 2.6 percent.

The State Insurance Fund has gained approval from the Department of Insurance for a 9 percent deviation, or across-the-board cut, from the standard rates approved for 2010.

The 2010 rates were proposed by the National Council on Compensation Insurance and approved by the Department of Insurance. The NCCI is a rating organization whose membership consists of workers compensation insurers.

Policyholders should not expect, however, to see their rates go down exactly 2.6 percent when their policies are renewed. Rates are set for approximately 600 classifications for various types of employment. The 2.6 percent decrease is an overall average. Some policyholders' rates may decrease, while others may experience increases. The actual premium for individual policyholders also is affected by claims experience.

2010 rates