MO SB288

Changes the threshold for prohibiting experience modification adjustments from a fixed $1,000 in medical costs to 20% of the current split point of primary and excess losses under the uniform experience rating plan

Employers remain exempt from experience modification adjustments when they pay all medical costs, the employee has no lost time beyond the first three days of disability, and no claim is filed

Allows construction employers to submit payroll records from any calendar quarter of the year prior to their workers' compensation policy beginning or renewal date for calculating premium credits under the Missouri contracting classification premium adjustment program

Requires employers to clearly indicate which quarter's payroll information is being submitted when using this flexibility