2011 Kentucky Revised Statutes Subtitle 50. Workers' Compensation Self-Insured Groups 304.50.115 Filing of rates, supplementary rating information, and coverage forms -- Grounds for disapproval -- Filing fee -- Public inspection of filings.
KY Rev Stat § 304.50.115 (1996 through Reg Sess) What's This?
304.50-115 Filing of rates, supplementary rating information, and coverage forms - Grounds for disapproval -- Filing fee -- Public inspection of filings.
(1)
(2)
(3)
A workers' compensation self-insured group shall file with the commissioner its
rates and supplementary rating information and any changes made to its rates and
supplementary information.
(a) Within one (1) year of March 1, 2005, each existing workers’ compensation
self-insured group shall place on file with the commissioner its existing rates
and supplementary rating information.
(b) The initial rates and supplementary rating information of any workers’
compensation self-insured group newly formed after March 1, 2005, shall not
become effective until filed with and approved by the commissioner.
(c) Any changes made to a workers’ compensation self-insured group’s rates or
supplementary rating information shall be filed pursuant to KRS 304.13-053.
A workers' compensation self-insured group shall file with the commissioner its
existing coverage forms and any changes made to such forms, in accordance with
KRS 304.14-120.
(a) Within one (1) year of March 1, 2005, each existing workers’ compensation
self-insured group shall place on file with the commissioner its existing
coverage forms.
(b) The initial coverage forms of any workers’ compensation self-insured group
newly formed after March 1, 2005, shall not be used or delivered until filed
with and approved by the commissioner pursuant to KRS 304.14-120.
(c) Any changes made to a workers’ compensation self-insured group’s coverage
forms shall be filed in accordance with KRS 304.14-120.
(d) The commissioner shall disapprove any coverage form required to be filed
under KRS 304.14-120, or withdraw any previous approval of such form, only
on one (1) or more of the following grounds:
1.
If the coverage form is in any respect in violation of, or does not comply
with, this subtitle or KRS Chapter 342.
2.
If the coverage form contains or incorporates by reference, where the
incorporation is otherwise permissible, any inconsistent, ambiguous, or
misleading clauses, or exceptions and conditions which deceptively
affect the risk purported to be assumed in the general coverage of the
contract.
3.
If the coverage form has any title, heading, or other indication of its
provisions which is misleading, or is printed in a size of type or manner
of reproduction as to make the form substantially illegible.
Coverage form and rate filings shall be accompanied by a filing fee as set forth in
KRS 304.4-010 and administrative regulations promulgated by the commissioner.
Filings shall be open to public inspection at any reasonable time. Copies may be
obtained by any person on request and on payment of a fee specified in Subtitle 4 of
this chapter.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1641, effective July 15, 2010. -Amended 2008 Ky. Acts ch. 183, sec. 6, effective July 15, 2008. -- Created 2005 Ky.
Acts ch. 7, sec. 23, effective March 1, 2005.
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