Workers' Compensation Rating Bureaus Amend Reporting Requirements
Apr 29, 2020

The team over at GB The Way is tracking changes to the way business and insurance carriers will be required to report claim data in wake of COVID-19.

 

The National Council on Compensation Insurance (NCCI) intends to alter the way businesses that have suspended operations due to COVID-19 (but continue to pay employees at home) report payroll.  Under NCCI recommendations, such businesses will exclude the payroll paid to these “at-home” employees in the calculation of their workers’ compensation premium.  NCCI will file the change in the 36 states where it is the official rating bureau.  NCCI has published a useful resource for COVID-19 related questions.  Please click here for more information.

 

California’s rating bureau has already announced its own rule that this payroll paid during the shutdown will be excluded from reportable payroll.  The governing committee of the Workers’ Compensation Insurance Rating Bureau of California (WCIRB) voted unanimously in favor of a special regulatory filing that includes excluding COVID-19 claims from the experience rating and excluding payments to employees who continue to be paid while not working.

 

We'll keep you informed on future developments.

 

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