Wash. Admin. Code § 192-550-020

Current through Register Vol. 24-12, June 15, 2024
Section 192-550-020 - What happens if an employer willfully fails to remit required payments?
(1) An employer that willfully fails to remit payment for premiums in full when due is subject to penalties under RCW 50A.45.010 in addition to accruing interest under WAC 192-550-030.
(2) The total amount of the penalty will be equal to the entire balance of premiums not remitted and any interest accrued on those delinquent premiums.

Example: If an employer owes $300 in premium payments and $20 in interest, the penalty for willfully failing to remit payment will equal $320, for a sum total due and owing of $640.

Wash. Admin. Code § 192-550-020

Adopted by WSR 18-22-080, Filed 11/2/2018, effective 12/3/2018
Amended by WSR 20-01-087, Filed 12/12/2019, effective 1/12/2020