Ohio Admin. Code 4123-17-65

Current through all regulations passed and filed through June 10, 2024
Section 4123-17-65 - [Effective 7/1/2024] Experience retention for group experience rate calculation purposes

If an individual employer is a member of a group for group experience rating and leaves the group, the experience of that individual employer shall be used in experience-rating calculations for the group to impact only the rating years that the employer was a member of the group. The individual employer leaving the group retains its own experience rating incurred while a member of the group for the balance of the standard experience period. The group shall not be liable for claims experience incurred by an individual employer for claims occurring after the employer has left the group.

Ohio Admin. Code 4123-17-65

Effective: 7/1/2024
Promulgated Under: 111.15
Statutory Authority: 4121.121, 4121.13, 4121.30
Rule Amplifies: 4123.29
Prior Effective Dates: 10/02/1990, 10/11/1994