Current through Register Vol. XLI, No. 50, December 13, 2024
Section 85-24-5 - Small Employer's Group Associations5.1. Description. Small employers may associate with other small employers to form an employer group for purposes of seeking qualified loss management services under the provisions of this rule.5.2. Definitions. Small employer. For purposes of this rule, "small employer" means an employer with fifty (50) or less employees and a premium tax less than $40,000 per year. Employer group. For purposes of this rule, "employer group" means an association of small employers with the same industrial classification code or an association of small employers with similar industrial classification codes as approved by the commission.
5.3. Eligibility, an employer group may be formed from independent employers or in conjunction with an existing association of businesses.5.4. Board of Governors. Each employer group shall appoint a board of governors composed of active members of the employer group. The board of governors shall be responsible for contracting with an approved qualified loss management service provider on behalf of the employer group. 5.4.1. Individual employer eligibility for the employer group shall be determined by the board of governors and the qualified loss management service provider. In no event shall an employer participate in the qualified loss management program if it does not meet the eligibility requirements of section four of this rule.5.4.2. No additional individual employers shall be added to an employer group more than thirty (30) days after the appointment of the board of governors. No additional individual employer shall be added to an employer group after the onset date of a qualified loss management program for the employer group.