2022 annual report

Our annual report allows us to reflect each year on the ways we followed through on our mission to serve Oregon workers and employers.  

With nearly 55,000 policyholders, SAIF is the largest workers’ compensation provider in the state. SAIF serves employers of all sizes, from small businesses that have only one employee to large companies with tens of thousands of employees. We also serve the state and most cities, counties, and school districts in Oregon.  

SAIF handles more claims than any other workers’ compensation carrier in Oregon. In 2022, we accepted more than 35,000 claims. In Oregon, a worker is entitled to medical care for work-related injuries or illnesses for their lifetime. We also pay benefits to the families of those who lost their life to a workplace injury or illness. In 2022, we provided benefits to more than 56,000 people, including beneficiaries of claims that were filed as far back as the 1940s.

We continued our commitment to diversity, equity, and inclusion this year, celebrating 10 years of our DEI program. We have more than 1,100 employees across six regional offices and working remotely throughout the state. Each of them was required to participate in Inclusive Leadership Certification training, with courses on unconscious bias, psychological safety, and other skills to inform how we work with each other and the employers and workers we serve.

Serving workers

In 2022, we received more than 3,000 COVID-19 claims — more than any prior year — and accepted the vast majority of them.  

Oregon law requires insurers to make initial claims decisions within 60 days; we made it on average within 35 days. That’s 23 days faster than our competitors, on average. This allowed injured workers to focus on recovery instead of wondering about the status of their claim. 

In 2022, we helped 88% of injured workers return to the job within 60 days. If an injured worker could not return to regular work due to physical limitations, SAIF's return-to-work consultants helped them return to a temporary or transitional job.

Making workplaces safer

Our vision is to make Oregon the safest and healthiest place to work. With 78 safety and health experts who help employers create safer workplaces, SAIF has built the largest network of workplace safety professionals of any insurance carrier in Oregon. In 2022, they conducted more than 6,200 virtual and in-person consultations. In addition, our free safety and health videos were viewed more than 295,000 times in 2022. 

SAIF has unparalleled experience serving and providing safety expertise for Oregon’s high-hazard industries, including logging, construction, and agriculture. In 2022, we began touring the state in-person again for our free agricultural safety seminars. Nearly 1,400 people attended these trainings conducted in English and Spanish, which are available to anyone interested in agricultural safety and health — they don’t have to be a policyholder.  

Since 2009, nearly 278,000 people have participated in Safety In Motion® Trainer seminars, which train workers to avoid or reduce some of the most common workplace injuries. For more details on Safety In Motion®, visit our page on ergonomics resources. SAIF offers many other free safety resources at saif.com/safety

Supporting employers

SAIF is the largest workers' compensation insurance carrier in Oregon. Our strong results in claims management, return-to-work, and safety and health help drive down Oregon's overall pure premium rates. 

In addition, SAIF’s financial position allowed us to return $75 million to policyholders in 2022 through a dividend — another way for us to keep overall costs down for Oregon employers. We also saved policyholders nearly $160 million by auditing nearly 500,000 medical bills. 

Almost all our policyholders — 98.9% — chose to renew with us in 2022.

More information

More information for legislators can be found at saif.com/governmentrelations 

SAIF strives to be an accountable partner and a trustworthy steward of the Industrial Accident Fund. In 2022, strong fiscal management enabled us to remain financially stable, despite difficult economic conditions. 


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