Current through Register Vol. XLI, No. 50, December 13, 2024
Section 85-6-6 - Surcharge and Assessment Methodology for Collections of Surcharges Made Pursuant to W. Va. Code Section 23-2C-3(f)(3)6.1. The surcharges imposed by section four of this rule shall be reflected on each premium invoice issued by a private carrier, regardless of the payment interval. The surcharge percentage shall be applied against the total assessable workers' compensation premium due.6.2. The surcharges shall be remitted by the private carrier no later than the twenty-fifth day of the month succeeding the end of the calendar quarter in which they are collected, except if the surcharges are collected in the fourth quarter, the surcharges shall be remitted no later than the first day of March the succeeding year.6.3. Each self-insured employer, group self-insurer, or insurance carrier shall provide any information and submit any reports the Insurance Commissioner may require to effectuate the provisions of this rule.