4123-17-01 Annual rate revision, method of adoption, effective date, publication.

(A) Private employers.

(1) The annual revision of premium rates as provided in division (B) of section 4123.34 of the Revised Code shall apply to all renewals, reinstatements and new coverage effective on or after July first of each year, unless otherwise specifically provided. At the same time the bureau of workers' compensation may adopt such changes in classification of occupations or industries with respect to their degree of hazard as will best serve to determine the risks of the different classes of occupations and will enable the establishing of appropriate premium rates measured by the hazard involved.

(2) The revised premium rates and changes in classification of occupations or industries with respect to their degree of hazard, as provided in paragraph (A)(1) of this rule, shall be adopted by rules recommended by the administrator and with the advice and consent of the bureau of workers' compensation board of directors as provided under division (F) of section 4121.12 of the Revised Code.

(3) The rules, with the revised premium rates and changes in classification of occupations or industries (if any) attached thereto, shall be filed with the secretary of state and the legislative service commission as provided under section 111.15 of the Revised Code. The revised rates and changes in classifications (if any) shall become effective on the date indicated on the filed rule.

(B) Public employers, taxing districts.

(1) The annual revision of premium rates for the taxing districts, as provided in section 4123.39 of the Revised Code, shall apply to all renewals, reinstatements and new coverage effective on or after January first of each year, unless otherwise specifically provided.

(2) The revised premium rates as provided in paragraph (B)(1) of this rule, shall be adopted by rules recommended by the administrator and with the advice and consent of the bureau of workers' compensation board of directors as provided under division (F) of section 4121.12 of the Revised Code.

(3) The rule with the revised premium rates shall be filed with the secretary of state and the legislative service commission as provided under section 111.15 of the Revised Code. The revised rates shall become effective on the date indicated on the filed rule.

(C) Public employers, state of Ohio, its agencies and instrumentalities.

(1) The annual revision of premium rates, including all renewals, reinstatements and new coverage for the state of Ohio, its agencies and instrumentalities, as provided in section 4123.40 of the Revised Code, for all state agencies shall be effective July first of each year.

(2) The revised premium rates as provided in paragraph (C)(1) of this rule shall be adopted by rules recommended by the administrator and with the advice and consent of the bureau of workers' compensation board of directors as provided under division (F) of section 4121.12 of the Revised Code.

(3) The rule with the revised premium rates shall be filed with the secretary of state and the legislative service commission as provided under section 111.15 of the Revised Code. The revised rates shall become effective on the date indicated on the filed rule.

R.C. 119.032 review dates: 06/17/2013 and 06/17/2018
Promulgated Under: 119.03
Statutory Authority: 4121.12 , 4121.121 , 4121.13 , 4121.30
Rule Amplifies: 4123.29 , 4123.32 , 4123.34 , 4123.39 , 4123.40 , 4123.411
Prior Effective Dates: 8/15/77; 7/2/78; 11/26/79; 8/5/80; 9/1/93; 11/22/04, 10/16/08