31 Pa. Code § 165.7 - Assessment
(a) The amount of
an assessment will be determined by using the actuarial services described in
§
165.5 (relating to
administration).
(b) Every carrier ,
doing the business of workers' compensation insurance in this Commonwealth,
will be assessed, based on a prorata share of the total amount of net-written
premiums of workers' compensation insurance reported as written in the previous
calendar year's annual statement.
(c) The assessment, when necessary, will be
billed by December 31 of the year that the actuarial study is completed.
(Example: Data from the 2002 calendar year is used, the actuarial study is
completed in 2003, then the assessment will be made by December 31,
2003.)
(d) Payment of the
assessment, when applicable, is due by March 31 of the year following the
assessment.
Notes
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