Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 810. Oklahoma Workers' Compensation Commission |
Chapter 25. Workers' Compensation Insurance and Self Insurance |
Subchapter 11. Group Self-Insurance Association Permit |
SECTION 810:25-11-7. Operating expenses
Latest version.
- The maximum operating expenses of the association should not exceed thirty-three percent (33%) of the standard premium. These expenses include the following:(1) Administrator's fee;(2) TPA fee;(3) Marketing fees, billing and collection fees, and sales commissions;(4) General operating expenses, including audits and actuarial reports;(5) Cost of excess insurance; and(6) Any other fees approved by the Commission.