351.186 Workers' compensation premium -- Credit for certified drug-free

188 words·~1 min read·/ky/351-186

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workplace program at coal mine.

(1)Any employer who is also a licensee that has implemented a drug-free workplace

program certified by the division shall be eligible to obtain a credit on the licensee's

premium for workers' compensation insurance.

(2)Each insurer authorized to write workers' compensation insurance policies shall

provide the credit on the workers' compensation premium to any employer who is

also a licensee for which the insurer has written a workers' compensation policy.

The credit on the workers' compensation premium shall not:

(a)Be available to those employers that are also licensees who do not maintain

their drug-free workplace program for the entire workers' compensation policy

period; or

(b)Apply to minimum premium policies.

(3)The Department of Insurance shall approve workers' compensation rating plans that

give a credit on the premium for a certified drug-free workplace so long as the

credit is actuarially sound. The credit shall be at least five percent (5%) unless the

Department of Insurance determines that five percent (5%) is actuarially unsound.

(4)The credit on the workers' compensation premium may be applied by the insurer at

the final audit.