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OH HB539
Bill
Status
5/14/2014
Primary Sponsor
Michael Henne
Click for details
AI Summary
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Creates a Subrogation Suspense Account within the State Insurance Fund to hold costs for workers' compensation claims likely eligible for third-party recovery.
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Allows employers to request that workers' compensation claims be deferred from their experience rating if a third party may be liable for the claim, presented to an adjudicating committee.
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Defers charging an employer's experience for a claim for up to three years after injury or until third-party litigation concludes, whichever is earlier.
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Establishes that any subrogation recovery amounts are credited to the employer's individual account within the Subrogation Suspense Account, reducing the amount eventually charged to the employer's experience.
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Requires the administrator to adopt rules establishing procedures for adjudicating committees to determine whether a claim is likely to be subrogated under third-party liability provisions.
Legislative Description
To defer the charging of workers' compensation claims to an employer's experience when a third party may be liable for the claim and to create the Subrogation Suspense Account within the State Insurance Fund to which any such deferral will be charged.
Workers' Comp claims-defer-if third party may be liable
Last Action
To Insurance
5/14/2014