SB 5992 - DIGEST

(SUBSTITUTED FOR - SEE 1ST SUB)

Provides that the experience rating factor must provide equal weight to the ratio between payments made by the second-injury fund for claims of the self-insurer to the total payments made by the second-injury fund by all self-insurers for the prior three fiscal years and the ratio of workers' compensation claim payments under this title made by the self-insurer to the total worker's compensation payments made by all self-insurers under this title for the prior three fiscal years. This average must be divided by the latter ratio to arrive at the experience factor.

Applies to self-insurer assessments for the industrial insurance second injury fund that are imposed on or after July 1, 2008.