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OH SB213
Bill
Status
1/27/2010
Primary Sponsor
Bob Gibbs
Click for details
AI Summary
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Requires the Administrator of Workers' Compensation to obtain Bureau of Workers' Compensation Board approval before implementing premium rate changes, occupation classifications, and alternative premium plans.
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Prohibits the Bureau from issuing cash refunds or rebates to State Insurance Fund subscribers during gubernatorial election years without prior approval through legislation enacted by the General Assembly.
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Establishes a two-year suspension of "breakeven factor" adjustments for group-rated employers beginning July 1, 2010, with a minimum premium discount of 65 percent during this period.
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Requires the Administrator to conduct a collaborative study of the premium rating system during the first year of the suspension and submit findings and recommendations to the Governor and legislative leaders by year's end.
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Authorizes the Administrator to adopt rules implementing rating system changes in the second year of the suspension, subject to Board approval and based on the study results.
Legislative Description
To require the Administrator of Workers' Compensation to make specified changes concerning workers' compensation premium rates and to prohibit the Bureau of Workers' Compensation Board of Directors from issuing a refund or rebate to subscribers to the State Insurance Fund without approval of the General Assembly.
Workers' compensation-change premium rates
Last Action
Passed 3rd Consideration House
1/27/2010