Current through 2024-52, December 25, 2024
Section 031-450-4 - Information Available to EmployersA. Information available. At the written request of an employer, the insurer or designated advisory organization shall provide within 30 days after receipt of the request a copy of the experience rating calculation, including a listing of the claims used in determining the experience modification factor. Claims with paid or incurred values below the designated advisory organization's de minimis threshold may be listed in the aggregate. The threshold may not exceed $2000 without the prior approval of the Superintendent.B. Failure to comply; prohibition. If the insurer or designated advisory organization fails to provide the requested calculation within 30 days after receipt of therequest, then the insurer is prohibited from applying an experience modification factor greater than 1.00 for the period between the termination of the 30-day response period and the date the requested information is received by theemployer.02-031 C.M.R. ch. 450, § 4