The National Council on Compensation Insurance (NCCI) recently announced its plan to make a change in the experience rating formula. The primary-excess split point will be increased over a three-year transition period. This has the potential to make a significant impact on a wide array of industries, including health care, manufacturing, construction, and technology. The first stage of the transition will take effect with each state’s approved rate and loss cost filing on or after Jan. 1, 2013. Important issues regarding the NCCI changes:
- Understanding the Primary-Excess Split
- Upcoming Changes
- How Does This Affect My Organization?
- Preparing for Change
- Effective Dates of New Split Point Method
To learn more about these issues, read our document on Work Comp Insights. For more information, contact the following specialists:
- Health Care: Meagan Krause Kohut at mkohut@deeleyinsurance.com
- Manufacturing: Nicole Brushmiller at nbrushmiller@deeleyinsurance.com
- Construction: Travis Hinman at thinman@deeleyinsurance.com
- Technology: John B Wheeler at jwheeler@deeleyinsurance.com
