Sec. 38a-1014. Classifications and rating. Premium contributions. Audits. Hearings.
Sec. 38a-1014. Classifications and rating. Premium contributions. Audits.
Hearings. (a) Every workers' compensation self-insurance group shall adhere to the
uniform classification system, uniform experience rating plan and manual rules filed
with the commissioner.
(b) Premium contributions to the group shall be determined by applying the manual
rates and rules to the appropriate classification of each member which shall be adjusted
by each member's experience credit or debit. Subject to approval by the commissioner,
any premium contributions may also be reduced by an advance premium discount factor
reflecting the groups expense levels and loss experience.
(c) Notwithstanding the provisions of subsection (b) of this section, a group may
apply to the commissioner for permission to utilize its own rates. Such rates shall be
based on at least five years of experience of the members of the group.
(d) Each group shall be audited at least annually by an auditor acceptable to the
commissioner to verify proper classifications, experience rating, payroll and rates. A
report of the audit shall be filed with the commissioner in a form acceptable to the
commissioner. A group or any member thereof may request a hearing on any objections
to the classifications. If the commissioner determines that as a result of an improper
classification, a member's premium contribution is insufficient, he shall order the group
to assess that member in an amount equal to the deficiency. If the commissioner determines that as a result of an improper classification a member's premium is excessive,
he shall order the group to refund to the member the excess collected. Any audit shall
be at the expense of the group.
(P.A. 96-267, S. 15.)