Okla. Admin. Code § 380:41-1-2

Current through Vol. 42, No. 8, January 2, 2025

Section 380:41-1-2 - Program eligibility

(a) An employer requesting to pursue the process leading to Workers Compensation Premium Reduction (WCPR) must meet the following criteria:

(1) Private sector employers must:

(A) Employ not more than 250 employees at a single site and not more than 500 total employees at all sites controlled nationwide.

(B) Secure a Workers' Compensation Insurance Policy from a private insurance carrier or the Oklahoma State Insurance Fund, or be self insured. Note: employers who secure their workers' compensation insurance through a group self insurance program are not eligible to participate.

(C) Have an experience modifier of greater than 1.0attached to their current workers' compensation insurance policy.

(2) Public sector employers must:

(A) Secure a Workers' Compensation Insurance Policy from a private insurance carrier or the Oklahoma State Insurance Fund, or be self insured;

(B) Have an experience modifier of greater than 1.0 attached to their current workers' compensation insurance policy.

(b) All locations covered by the workers' compensation policy must participate in the program.

Okla. Admin. Code § 380:41-1-2

Added at 16 Ok Reg 3029, eff 7-12-99; Amended at 18 Ok Reg 3517, eff 9-14-01