Oklahoma Workers’ Comp Commission Lowers MITF Rate for First Time in 5 Years
The Oklahoma Workers’ Compensation Commission (WCC) has officially reduced the Multiple Injury Trust Fund (MITF) assessment from 7% to 6.29% on workers’ compensation coverage providers. This marks the first rate decrease in five years and reflects improving financial stability within the fund. Background: Stabilizing the MITF The reduction follows legislative reforms passed in 2019, which … Read more