4123-17-06 Private employer contributions to the state insurance fund.

 

 

 

4123-17-06                  Private employer contributions to the state insurance fund.

 

 

The administrator of workers' compensation, with the advice and consent of the workers' compensation oversight commission, has authority to approve contributions made to the state insurance fund by employers pursuant to sections 4121.121, 4123.29, and 4123.34 of the Revised Code. The administrator hereby sets the NCCI manual classification base rates, and NCCI manual classification expected loss rates per one hundred dollar unit of payroll to be effective July 1, 2003 2004, applicable to the payroll reporting period July 1, 2003 2004, through June 30, 2004 2005, for private employers as indicated in the attached appendix A.

 

Effective July 1, 2003 2004, an employer that is not participating in the group rating program will receive a discount of 14.1 13.2 per cent from its pure premium rate. This discount is applied before the administrative cost, DWRF and additional DWRF assessments. Note that the base rates filed in the attached appendix A have been increased by 10.7 10.4 per cent to allow for this discount.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4123-17-06                                                                                                                            2

Effective:                                07/01/2004

CERTIFIED ELECTRONICALLY

Certification

06/17/2004

Date

Promulgated Under:   111.15

Statutory Authority:   4121.121

Rule Amplifies:           4123.29, 4123.34 Prior Effective Dates: 7/1/90, 7/1/91, 7/1/91

(Emer.), 7/1/92, 7/1/93, 7/1/94, 7/1/95, 7/1/96, 7/1/97,

7/1/98, 7/1/99, 7/1/00, 7/1/01,

7/1/02, 7/1/03