Ga. Comp. R. & Regs. R. 120-2-36-.06 - Insurers Required to Provide Statistics, Data and Information to Statistical Agent and Insured
(1) As a condition to continuing to transact
insurance in the State of Georgia, every Insurer authorized to transact
Worker's Compensation insurance shall provide to the authorized statistical
agent worker's compensation data, statistics including loss ratios and all
other relevant information. The foregoing shall be submitted in such a manner
(including statistical plan and data collection procedures) as is required by
the current statistical plan filed with and approved by the Commissioner by
that authorized statistical agent.
(2) The Insurer shall verify with the
Insured, the data to be submitted to the Statistical Agent who shall determine
the experience modification factor. Verification of such data shall be
accomplished in accordance with this regulation:
(a) The Insurer shall provide the Insured
with a copy of the statistical data being submitted to the Statistical Agent.
The statistical data shall be presented in a legible and understandable format.
Technical terms shall be avoided wherever possible. It shall be permissible for
the insurer to provide the unit statistical report, by whatever name called, in
lieu of an independently created form, provided the unit statistical report is
accompanied by a legible and understandable explanation of its
format.
(b) The disclosure
statement contained in Form GID-63 attached hereto and incorporated herein, or
one substantially the same, shall be attached to the statistical data provided
to the Insured.
1. The disclosure shall
provide a statement in bold face type, to be signed by an authorized
representative of the Insured, that the statistical data has been reviewed and
is accurate, and a representative of the Insurer has explained to the Insured's
representative that the statistical data may affect the Insured's premium for
Georgia Workers' Compensation insurance.
2. The disclosure shall indicate that the
statistical data will be deemed accurate if the disclosure is not returned to
the address provided by the Insurer within 30 days from the date mailed.
(i) The Insurer shall deliver the statistical
data and disclosure in person or by depositing the information in the United
States mail to be dispatched by at least first-class mail to the last address
of record of the Insured, and receiving the receipt provided by the United
States Postal Service or such other evidence of mailing as prescribed or
accepted by the United States Postal Service.
(ii) Statistical data that is deemed to be
accurate will not in any way affect the right of the Insured to appeal to the
Georgia Worker's Compensation Appeals Board.
3. The disclosure shall also provide a
statement for an authorized representative of the Insured to dispute the
accuracy of the data. The statement shall direct the Insured to clearly
identify any discrepancies. The disputed data shall be furnished to the Insurer
by the return date indicated on the disclosure statement.
(i) If the Insurer confirms the accuracy of
the information provided by the Insured, the Insurer shall correct their
records and proceed to furnish the amended data to the Statistical
Agent.
(ii) If the Insurer does not
agree with the data provided by the Insured, the Insurer shall submit the
Insurer's data to the Statistical Agent.
(I)
The Insurer shall notify the risk within 60 days of the original mail date that
the experience modification factor will be promulgated from the information
provided by the Insurer.
(II) The
Insured shall be instructed, in detail, of their right to appeal to the Georgia
Workers' Compensation Appeals Board.
(III) The Insurer's failure to respond to the
Insured in the time prescribed shall be deemed an acknowledgement that the
insured's records are accurate, and amendments are to be made before reporting
the statistical data to the Statistical Agent.
(c) Verification of data shall not
be mandatory for insured who are not eligible for experience rating, however,
the data and explanation shall be furnished to insureds upon request.
Notes
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