The Administrative Cost Fund receives assessments from each private employer that are calculated as a percentage of the premiums paid by that employer to BWC. This assessment funds the operating expenses of the Bureau of Workers’ Compensation. A first reading with the BWC Board of Directors occurred in May 2012 to recommend a 3% decrease in the assessment for private employers for the 2013 rate year. On June 15, 2012 the Board will vote on this proposal.
Categories: Policy & Regulation, Workers' Compensation,
File name: content.php