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PA Bulletin, Doc. No. 96-1348


Pennsylvania Compensation Rating Bureau; Rates and Rules for Merit Rating Plan

[26 Pa.B. 3963]

   On July 26, 1996, the Pennsylvania Compensation Rating Bureau (PCRB) filed with the Insurance Department rates and rules for their Merit Rating Plan provisions of Act 57. This filing has been approved and will become effective August 23, 1996.

   Section 707 of Act 57 creates a premium discount or premium surcharge plan for risks which do not qualify for the uniform experience rating plan. The PCRB's filing will provide for the following discounts or surcharges to be applied to a risk's manual premium based on the risk's claims during the most recent 2-year period for which statistics are available:

   1.  A 5% credit (discount) will be applied if the risk had no compensable employe lost-time injuries;

   2.  No credit or debit will be applied if the risk had one compensable employe lost-time injury;

   3.  A 5% debit (surcharge) will be applied if the risk had two compensable employe lost-time injuries.

   Copies of the filing are available for public inspection during normal working hours at the Insurance Department's offices in Harrisburg, Philadelphia, Pittsburgh and Erie.

Insurance Commissioner

[Pa.B. Doc. No. 96-1348. Filed for public inspection August 16, 1996, 9:00 a.m.]

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