Requires the Department of Labor and Industries (Department) to conduct an annual actuarial review of the industrial insurance retrospective rating program for five years beginning January 1, 2010.
Requires sponsors of retrospective rating groups (sponsors) to provide a distribution plan to the Department upon enrollment and annually to employer members, and to report to the Department and employer members a detailed list of costs for which a portion of a refund was retained for administration, safety, claims assistance, and reserves.
Provides that sponsors may retain a portion of a refund for other legal purposes if the employer member provides annual written authorization.
Places limits on a sponsor's placement of conditions on employer members or applicants with respect to reenrollment, membership, and contributions.
From the Engrossed Substitute House Bill Report (ESSB 6035), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not passDid not pass · passed Senate, stalled in House