(1) An employer that willfully fails to remit payment for premiums in full when due is subject to penalties under RCW
50A.45.010 in addition to accruing interest under WAC
192-550-030.
(2) The total amount of the penalty will be equal to the entire balance of premiums not remitted and any interest accrued on those delinquent premiums.
Example: If an employer owes $300 in premium payments and $20 in interest, the penalty for willfully failing to remit payment will equal $320, for a sum total due and owing of $640.
[Statutory Authority: RCW 50A.05.60 [50A.05.060] and
50A.25.030. WSR 20-01-087, § 192-550-020, filed 12/12/19, effective 1/12/20. Statutory Authority: RCW
50A.04.215. WSR 18-22-080, § 192-550-020, filed 11/2/18, effective 12/3/18.]