The New York Compensation Insurance Rating Board released a revised Workers' Compensation Experience Rating Plan Manual, which will take effect on Oct. 1.
NYCIRB said the manual has been reformatted and designed to be more user-friendly and
explicit than the current manual in its statements of rating plan rules and usage. But the new
manual does not change the experience rating formula or any of the components used to calculate an
experience modification.
Major changes in the new manual include:
* The current segregation of the manual into "parts" is being replaced by five "rules:" Gener...
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