Riverbend Trade Area Figures
comprised of Madison, Jersey and Macoupin counties in Illinois
More information on taxes and reporting can be found at Illinois Department of Employment Security, http://www.ides.illinois.gov/Pages/BenefitRightsInformation.aspx
Since 1983, Illinois has allowed insurance companies to set their own premium rates. This is often credited as a factor in keeping Illinois' costs below the national average. While Illinois carriers are free to set their own rates, the National Council on Compensation Insurance, a private organization, issues advisory rates. After years of increases, the advisory rates have dropped significantly, despite continuing inflation and a growing workforce. After adjusting for inflation, the 2006 rate actually represents a 34% decrease since 1990.