The administrator of workers’ compensation, with the advice and consent of the bureau of workers’ compensation board of directors, has authority to approve contributions made to the state insurance fund by employers pursuant to sections 4121.121, 4123.29, and 4123.34 of the Revised Code. The administrator hereby sets the credibility table part A, “credibility and maximum value of a loss,” to be effective July 1, 2008, applicable to the payroll reporting period July 1, 2008, through June 30, 2009, for private employers as indicated in the attached appendix A.
APPENDIX A Credibility and Maximum Value of a Loss
Credibility Group Expected Losses Credibility Percent Group Maximum Value
1 8,000 4 12,500
2 15,000 9 12,500
3 27,000 13 25,000
4 45,000 17 37,500
5 62,500 21 55,000
6 90,000 26 75,000
7 122,500 30 87,500
8 160,000 34 100,000
9 202,500 38 112,500
10 250,000 43 125,000
11 302,500 47 137,500
12 360,000 51 150,000
13 422,500 55 162,500
14 490,000 60 175,000
15 562,500 64 187,500
16 640,000 68 200,000
17 722,500 72 212,500
18 810,000 77 225,000
19 902,500 81 237,500
20 1,000,000 85 250,000
Replaces: Part of Rule 4123-17-05
Effective: 07/01/2008
Promulgated Under: 111.15
Statutory Authority: 4121.12, 4121.121
Rule Amplifies: 4123.29, 4123.34
Prior Effective Dates: 7/1/90, 7/1/91, 7/1/92, 7/1/93, 7/1/94, 7/1/95, 7/1/96, 7/1/97, 7/1/98, 7/1/99, 7/1/00, 7/1/01, 7/1/02, 7/1/03, 7/1/04, 7/1/05, 7/1/06, 7/1/07