Wash. Admin. Code § 296-17-850

Current through Register Vol. 24-21, November 1, 2024

Section 296-17-850 - Experience rating plan - Eligibility and experience period

(1)Eligibility. Effective January 1, 1991, and thereafter each employer who has reported experience during the "experience period" shall have his/her base rates multiplied by an "experience factor" calculated in accordance with the rules of this manual. The development of the "experience factor" as set forth in WAC 296-17-855 shall include losses and exposure reported in all risk classifications.

(2)Experience period. The "experience period" shall be the oldest three of the four fiscal years preceding the effective date of premium rates as set forth in WAC 296-17-895.

Statutory Authority: RCW 51.04.020(1) and 51.16.035. 90-20-092, § 296-17-850, filed 10/1/90, effective 11/1/90. Statutory Authority: RCW 51.16.035. 87-24-060 (Order 87-26), § 296-17-850, filed 12/1/87, effective 1/1/88; 87-12-032 (Order 87-12), § 296-17-850, filed 5/29/87, effective 7/1/87; 86-12-041 (Order 86-18), § 296-17-850, filed 5/30/86, effective 7/1/86; 85-24-032 (Order 85-33), § 296-17-850, filed 11/27/85, effective 1/1/86; 85-13-046 (Order 85-13), § 296-17-850, filed 6/17/85; 82-24-047 (Order 82-38), § 296-17-850, filed 11/29/82, effective 1/1/83. Statutory Authority: RCW 51.04.030 and 51.16.035. 79-12-086 (Order 79-18), § 296-17-850, filed 11/30/79, effective 1/1/80; Order 76-18, § 296-17-850, filed 5/28/76, effective 7/1/76; Order 74-40, § 296-17-850, filed 11/27/74, effective 1/1/75; Order 73-22, § 296-17-850, filed 11/9/73, effective 1/1/74.