| WAC 296-17-90447 |  | |
Adjustments to standard premiums after the last mandatory adjustment - Individual employer
Our responsibility
If you are audited or your business is reclassified the result of which changes the amount of premium you paid during a coverage period that you participated in retrospective rating
We will:
- Adjust your standard premium to conform to the audit or reclassification results.
- Use your recomputed standard premium to determine your retrospective premium and modify the audit results to reflect the recomputed standard premium.
| Note: An audit or reclassification of your business can result in a change in refund or assessment. |
- Notify you of the results of our decision to recompute your standard premium and the audit results.
- Refund the additional premium as applicable or send you a bill for additional premium based on the revised standard premium.
| Note: If you owe additional premium, it is due thirty days after we communicate the decision to you. We will charge penalties on any additional premium not paid when it is due (RCW 51.48.210 (www.leg.wa.gov)). |
Your responsibility
If you disagree with the revised refund or assessment
You must:
- Protest or appeal the decision.
| Note: Make sure you do this in writing within thirty (30) days of the date we communicate the decision to you. If you fail to do so, our decision is final and binding on you. For any other disputes regarding an action concerning the retro program, you must notify L&I that you are disputing our action within sixty (60) days of the time that you receive written notification of such action. |
[Statutory Authority: RCW 51.18.010(1) (www.leg.wa.gov). 02-23-089, § 296-17-90447, filed 11/20/02, effective 1/1/03. Statutory Authority: RCW 51.18.010(2) (www.leg.wa.gov). 01-23-058, § 296-17-90447, filed 11/20/01, effective 1/1/02.]
The courts can take judicial notice of the Washington Administrative Code (WAC) only as published by the Office of the Code Reviser (www.LEG.wa.gov). The text contained in this web page may reflect minor changes when compared with the WAC.
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