(a) An employer requesting to pursue the process leading to Workers Compensation Premium Reduction (WCPR) must meet the following criteria:
(1) Private sector employers must:
- (A) Employ not more than 250 employees at a single site and not more than 500 total employees at all sites controlled nationwide.
- (B) Secure a Workers' Compensation Insurance Policy from a private insurance carrier or the Oklahoma State Insurance Fund, or be self insured. Note: employers who secure their workers' compensation insurance through a group self insurance program are not eligible to participate.
- (C) Have an experience modifier of greater than 1.0attached to their current workers' compensation insurance policy.
(2) Public sector employers must:
- (A) Secure a Workers' Compensation Insurance Policy from a private insurance carrier or the Oklahoma State Insurance Fund, or be self insured;
- (B) Have an experience modifier of greater than 1.0 attached to their current workers' compensation insurance policy.
- (b) All locations covered by the workers' compensation policy must participate in the program.
Added at 16 Ok Reg 3029, eff 7-12-99
Amended at 18 Ok Reg 3517, eff 9-14-01