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PA Bulletin, Doc. No. 02-2198

NOTICES

Pennsylvania Compensation Rating Bureau; Workers' Compensation Loss Cost Filing

[32 Pa.B. 6020]

   On November 26, 2002, the Insurance Department received from the Pennsylvania Compensation Rating Bureau (PCRB) a filing for a loss cost level change for workers' compensation insurance. This filing is made in accordance with section 705 of Act 44 of 1993. The PCRB requests an overall 2.41% decrease in collectible loss costs, effective April 1, 2003, on a new and renewal basis. Also, the PCRB has calculated the Employer Assessment Factor effective April 1, 2003, to be 2.80%, as compared to the currently approved provision of 3.37%. The PCRB proposes varying surcharges to four classifications (code 807--nonvolunteer ambulance services, code 985--salaried police or firefighters, code 993--volunteer ambulance corps and code 994--volunteer fire companies) to reflect increased likelihood of workers' compensation claims for Hepatitis C under provisions of House Bill 1633 as enacted in December 2001. Updates to a variety of other rating values to reflect the most recent available experience are also being submitted for approval. Finally, the filing includes proposed additions and/or changes to other manual rules consistent with intended practice as regards workers' compensation insurance options, classification procedures and related matters.

   The entire April 1, 2003, loss cost filing will be avail- able for review on the PCRB website at www.pcrb.com in the ''Filings'' section.

   Interested parties are invited to submit written comments, suggestions or objections to Ken Creighton, ACAS, Insurance Department, Insurance Product Regulation and Market Enforcement, 1311 Strawberry Square, Harrisburg, PA 17120, e-mail kcreighton@state.pa.us, within 30 days after publication of this notice in the Pennsylvania Bulletin.

M. DIANE KOKEN,   
Insurance Commissioner

[Pa.B. Doc. No. 02-2198. Filed for public inspection December 6, 2002, 9:00 a.m.]


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