ID H0401

Clarifies employer subrogation rights to exclude compensation for total and permanent disability apportionable to preexisting permanent impairments, except where compensation for the preexisting impairment was previously awarded by the Industrial Commission.

Authorizes the Industrial Special Indemnity Fund manager to settle disputed claims and adjust claims without requiring stipulation to all elements of fund liability, subject to Industrial Commission approval.

Revises the annual assessment calculation method to be based on annuity payments, administrative expenses, and a 5% reserve, rather than the previous two times expenses formula.

Changes assessment apportionment from gross indemnity benefits paid to net premiums written basis for sureties and self-insurers.

Establishes July 1, 2012 as the deadline for filing claims under section 72-332 for total and permanent disability injuries occurring before July 1, 2010; after this date, employers and sureties become fully responsible for such claims.