260 R.I. Code R. 260-RICR-50-05-1.4

Current through December 3, 2024

Section 260-RICR-50-05-1.4 - APPLICATION FEES

A. Initial fee with application. Costs for services necessary to prepare application or for subsequent requests for data are borne by applicant. Fees for Department services may be assessed during course of application. The applicant during the course of examination must pay for any actuarial study required by the Department.

B. Pursuant to R.I. Gen. Laws § 28-36-1(B)(1), all employers who apply for approval to self-insurance for all or part of their liability pursuant to R.I. Gen. Laws §§ 28-36-1(A)(2) and (A)(3), shall pay an application fee based on the number of employees located at the employer's place(s) of business in Rhode Island. The fees for new applications shall be set in accordance with the following schedule:

NUMBER OF EMPLOYEES	FEE
1-249	$300
249-499	$350
500-749	$400
750-999	$450
1000 OR MORE	$500

C. The application fee must be paid by a check drawn on a Rhode Island bank or, for out of state businesses, by a certified check or money order. The check or money order must be made payable to the "State of Rhode Island". The application fee may be paid by a third-party administrator, advisor, broker or similar firm on behalf of its' client in accordance with the foregoing conditions.

D. The fee must accompany the initial application form and is not refundable. An application received without the proper fee will be returned without any review or consideration. No fee is required for a renewal application.

260 R.I. Code R. 260-RICR-50-05-1.4

Amended effective 11/28/2018