Knowledge Base

What three conditions would cause a firm to end up in the Excess Cost Surcharge?

  1. The firm’s average claim cost to payroll ratio is three or more times that of its rate group for three consecutive assessment years;
  2. The firm has an Experience Rating surcharge adjustment of 90 percent or more; and,
  3. The firm has had 50 or more non-health care only claims in the five consecutive years ending with the most recent year in the 3-year window.
Facebook
Twitter
LinkedIn
Reddit
Email
Facebook