SCS/HB 2429 - This act exempts volunteers of qualified tax-exempt veteran's organizations from workers' compensation laws. This provision is identical to a provision in HCS/HB 1955 (2016), CCS/SB 700 (2016), HB 1867 (2016), and SCS/HB 615 (2015).
This act also inserts a new provision which modifies language relating to workers' compensation schedule rating. Specifically, it permits workers' compensation insurers to develop an individual risk premium modification rating plan using a schedule rating plan or a computer risk modeling system.
Current law provides that rating plans:
• Shall be actuarially justified;
• Shall not result in premiums which are excessive, inadequate, or unfairly justified; and
• Shall be applied on a statewide basis.
This act removes such provisions.
This provision is identical to a provision in SS/SCS/HCS/HB 2194 (2016) and HCS/HB 1955 (2016).
SCOTT SVAGERA