Nevada employers will see a major change in workers’ compensation premium calculations under SB 317, effective Oct. 1, 2026.
The state is eliminating the $36,000 annual payroll cap per employee used to calculate premiums and replacing it with a floating cap tied to the state’s maximum average monthly wage (MAMW).
The new cap takes effect at $98,433.60 per employee for policies issued or renewed between Oct. 1 and Dec. 31, 2026. It will update each Jan. 1 afterward, based on 12 times the state’s MAMW.
More info: Nev. SB 317