4123-17-53 Private employer retrospective rating plan minimum premium percentages.

 

 

 

4123-17-53                  Private employer retrospective rating plan minimum premium percentages.

 

 

The administrator of workers' compensation, with the advice and consent of the bureau of workers' compensation board of directors, has authority to approve contributions made to the state insurance fund by employers pursuant to sections 4121.121, 4121.13, 4121.30, 4123.29, and 4123.34 of the Revised Code.

 

The administrator hereby sets the private employer retrospective rating plan minimum premium percentages to be effective for the July 1, 2015, policy year, as indicated in the appendixes A, (Tier I, tables A, B, C, D, E, F, and G) and B (Tier II, tables A, B, C, D, E, F, and G) to this rule.

 

The administrator hereby sets the private employer loss conversion factors to be applied to losses associated with policy years beginning on or after July 1, 2015, as indicated in appendix C to this rule.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4123-17-53                                                                                                                            2

Effective:                                                             01/01/2016

CERTIFIED ELECTRONICALLY

Certification

12/08/2015

Date

Promulgated Under:                           111.15

Statutory Authority:                           4121.12, 4121.121

Rule Amplifies:                                  4123.29, 4123.34

Prior Effective Dates:                         7/1/91, 7/1/93, 7/1/94, 7/1/97, 7/1/06, 7/21/08, 7/1/15