The division applies this factor to approved supplemental disability and claim cost reimbursements. Insurers may not add the factor to their quarterly reimbursement requests. The division noted that the annual factor applied is based on the date the insurer paid the cost, and insurers' administrative costs for specific claims will vary.
Read more at the WorkersComp Forum homepage.
Related Coverage New York: Temporary insurance rule in effect (11/07/11) Top Four Fixes for Workers' Comp (04/26/11) Alaska: Amendments would tweak medical benefits rules (09/29/11) Idaho: Commission proposes security for compensation rule (11/07/11) Oregon: Hearing will discuss disability rating standards (03/18/10) January 19, 2012
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