1346 Coal Mine Compensation Rating Bureau of Pennsylvania; rates and rules for Merit Rating Plan  

  • Coal Mine Compensation Rating Bureau of Pennsylvania; Rates and Rules for Merit Rating Plan

    [26 Pa.B. 3963]

       On July 23, 1996, the Coal Mine Compensation Rating Bureau of Pennsylvania (CMCRB) filed with the Insurance Department rates and rules for their Merit Rating Plan under provisions of Act 57. This filing has been approved and will become effective August 23, 1996.

       Section 707 of Act 57 creates a premium discount or premium surcharge plan for risks which do not qualify for the uniform experience rating plan. The CMCRB's filing will provide for the Bureau to administer such a plan for those risks classified under the CMCRB's approved class system.

       Risks which are experience rated under the approved experience rating plan will be ineligible for application of the merit rating plan.

       Risks which do not qualify for the experience rating plan, but have reported payroll greater than zero for each of the latest 2 calendar accident years used to determine eligibility under the uniform experience rating plan, shall qualify for the merit rating plan adjustment.

       1.  Risks with no compensable lost time accidents during the latest 2 calendar accident years shall receive a 5% traumatic premium discount.

       2.  Risks with one compensable lost time accident during the latest 2 calendar accident years shall receive no merit rating plan adjustment.

       3.  Risks with two or more compensable lost time accidents during the latest 2 calendar accident years shall receive a 5% traumatic premium surcharge.

       Copies of the filing are available for public inspection during normal working hours at the Insurance Department's offices in Harrisburg, Philadelphia, Pittsburgh and Erie.

    LINDA S. KAISER,   
    Insurance Commissioner

    [Pa.B. Doc. No. 96-1346. Filed for public inspection August 16, 1996, 9:00 a.m.]

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