ICA Hosting Virtual Q&A Session on Premium Rates

The Industrial Commission of Arizona is holding a virtual question-and-answer session Tuesday for self-insured employers and third-party administrators to answer questions about premium rates, tax plan eligibility and annual tax reporting requirements. The Q&A session relates to a hearing the ICA is holding Thursday as part of its regularly scheduled meeting to discuss self-insurer premium rates for 2023. The ICA established a 2% administrative fund tax for 2023 with no special fund assessment. As a result, the total tax and assessment rate for calendar year 2023 is 2%, a 0.25% increase...