Workers’ Compensation Application and Audit Procedures Rule Hearing: July 21
Jul 2, 2009
The Florida Office of Insurance Regulation (“OIR”) has issued a Notice of Proposed Rule regarding the following workers’ compensation Rule:
- 69O-189.003: Workers’ Compensation: Application and Audit Procedures
The Florida Financial Services Commission is required by law to issue public notices regarding workers’ compensation coverage application, payroll audit and worker classification Rules. In 2008, the National Council on Compensation Insurance (“NCCI”) filed a proposal for a Rule addressing these matters with the OIR. This proposed Rule is based on the NCCI proposal.
The proposed Rule would allow, but not require electronic signatures in the application for workers’ compensation coverage and in the annual audit, so long as the electronic signature process complies with Florida’s Uniform Electronic Transaction Act. While the current Rule incorporates certain NCCI publications by reference, the proposed Rule explicitly provides certain audit procedures.
The proposed Rule also would raise the threshold for an on-site audit from $5,000 to $10,000. Any audit for under $10,000 would be handled by mail to save costs for both the employer and insurance carrier.
If requested in writing and not deemed unnecessary by the agency head, a Rule Hearing will be held at the time, date, and place shown below:
Date: Tuesday, July 21, 2009
Time: 9:30 a.m.
Place: Room 116 of the Larson Building, 200 East Gaines Street, Tallahassee
Should you have any questions or comments, please contact Colodny Fass.
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