JACKSON, Wyo. — Wyoming employers will see a reduction in costs associated with workers’ compensation in 2026, according a press release from Gov. Mark Gordon on Monday.
The governor, along with the Wyoming Department of Workforce Services (DWS), approved a 15% rate decrease, making it the third year in a row that the rate has been reduced. A 6% reduction in 2024 was followed by a 12% reduction in 2025. The statement says that the total industry base rate reduction of 33% represents about $66 million less in premiums paid by employers. Businesses with three or more years of claims experience could also see further reductions in the upcoming year.
“Wyoming’s businesses are the backbone of our economy, and this rate reduction is one more way we can support their success,” Gordon said via press release. “By lowering workers’ compensation costs, we are helping employers invest in their workforce, strengthen their operations, and continue to build safe, resilient workplaces across our state.”
The new rates will take effect in January 2026. Employers can view the full list of class rates here.
DWS stated that Wyoming’s workers’ compensation system remains strong, equitable and responsive to the needs of businesses around the state.
“This rate decrease is a reflection of what can happen when employers, workers, and the state work together toward a common goal,” DWS Director Elizabeth Gagen said in the statement. “Wyoming’s strong safety culture and responsible business practices are paying off, creating lasting benefits for both our workforce and our economy.”
