Section R612-400-5 - Premium Rates for the Uninsured Employers' Fund and the Employers' Reinsurance FundA. Pursuant to Subsection 59-9-101(2), Sections 59-9-101.3 and 34A-2-202 the workers' compensation premium rates effective January 1, 2024, as established by the Labor Commission, shall be:1. 0.50% for the Uninsured Employers' Fund; and2. 0.0% for the Employers' Reinsurance Fund.B. The premium rates are a percentage of the total workers' compensation insurance premium income as detailed in Subsection 59-9-101(2)(a).Utah Admin. Code R612-400-5
Amended by Utah State Bulletin Number 2015-2, effective 12/22/2014Amended by Utah State Bulletin Number 2016-1, effective 12/8/2015Amended by Utah State Bulletin Number 2016-24, effective 11/28/2016Amended by Utah State Bulletin Number 2018-2, effective 12/27/2017Amended by Utah State Bulletin Number 2018-24, effective 1/1/2019Amended by Utah State Bulletin Number 2020-02, effective 12/23/2019Amended by Utah State Bulletin Number 2021-02, effective 1/1/2021Amended by Utah State Bulletin Number 2022-03, effective 1/24/2022Amended by Utah State Bulletin Number 2023-01, effective 12/27/2022Amended by Utah State Bulletin Number 2024-01, effective 12/27/2023