Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 380. Department of Labor |
Chapter 41. Workers Compensation Premium Reduction Program |
Subchapter 1. General Provisions |
SECTION 380:41-1-2. Program eligibility
Latest version.
- (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.