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Discount on premium for previously group-rated private employers with limited claim losses that are not eligible for a group rating program in the upcoming policy year due to one significant claim.
An incentive program that allows private state-funded employers with only one significant claim in the green year and no more than three medical only claims in the experience period to receive a discount off base rates. An employer that meets all criteria will be applied the following discount schedule based on first year of program eligibility:
• First Year: 20% • Second Year: 15% • Third Year: 10% • Fourth Year: 5%
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