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POA Decision – 1999/08/24-03 – Transition: Experience Rating

The Panel approved a resolution which entitles employers who have not had claims in 1996, 1997 and 1998 to receive the greater of the discount under the new experience rating plan or the existing experience rating plan until such time as a wage loss claim occurs or the discount under the new plan is equal to or better than the discount under the old plan, whichever comes first. When a wage loss claim occurs, the experience rating adjustment will be calculated under the new plan, commencing when the injury falls within the experience rating window.

Meeting Date: Aug 24, 1999 File type: PDF (976 KB) Asset type: Policy & Regulation Decision