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.
[Source: Added at 16 Ok Reg 3029, eff 7-12-99; Amended at 18 Ok Reg 3517, eff 9-14-01]