Current through Register Vol. XLI, No. 50, December 13, 2024
Section 85-24-4 - Employer Participation; Eligibility4.1. Participation. Participation by an employer in a qualified loss management program is voluntary. No employer shall be required to participate in a qualified loss management program under the provisions of this rule.4.2. Eligibility. Regular subscribers to the workers' compensation fund in good standing with an experience modification factor equal to or greater than 1.5 are eligible to participate in a qualified loss management program under the provisions of this rule. The failure of an employer to maintain good standing during its period of participation in a qualified loss management program shall result in the termination of participation by the employer. Self-insurers are not eligible to participate in the qualified loss management program established by this rule. 4.2.1. Individual employers, who have an experience modification factor less than 1.5, may participate in a qualified loss management program if the employer is a member of an employer group under section five of this rule and the employer group has an aggregate experience modification factor, developed from the aggregate experience of members of the group, equal to or greater than 1.5.4.2.2. If the employer's or the group's experience modification factor drops below 1.5 during its participation in a qualified loss management program, the employer's eligibility will not be affected.