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NCCI Split Point Changes

November 22, 2013

The National Council on Compensation Insurance (NCCI) recently made a change to the Experience Rating Plan in order to more accurately reflect individual employers’ claims experience. The change includes increasing the $5,000 experience rating split point over a three-year transition. Seven states have approved the 2nd year split increase from $10,000 to $13,500 effective 01/01/14. These states include:

  • Arizona
  • Illinois
  • Indiana
  • Iowa
  • New Hampshire
  • New Mexico
  • Oklahoma
  • Oregon

In addition, Missouri had approved a four-year transition plan. Effective 01/01/14 the Missouri split will increase from $7,500 to $10,000.

More information regarding the split point changes can be found HERE. For further information on the split increase implications, please contact your Cottingham & Butler representative.

 

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