As the year draws to a close, we would like to provide you with helpful links and online resources on wcirb.com to help you get ready for 2019.
2019 Manuals and Plans
Make sure to download the 2019 version of the California Workers' Compensation Uniform Statistical Reporting Plan—1995 (USRP). The USRP has been updated to include changes approved by the Insurance Commissioner that go into effect on January 1, 2019. These include changes to the Standard Classification System and policy and unit statistical data reporting requirements. To download 2019 publications, go to the Filings and Plans section of wcirb.com. View a summary of the changes on our 2019 and 2020 Changes Quick Reference page.
2019 Classifications Changes
The Classification Search on wcirb.com has also been updated to reflect new and revised classifications effective January 1, 2019. Users can search classifications by keyword or classification code.
2019 Experience Rating Changes
2019 also brings a new, simplified experience rating formula that excludes the first $250 of each claim from the experience modification computation. To view related information, FAQs and webinar recordings, visit the 2019 Experience Rating Changes page. Download the 2019 version of the California Workers' Compensation Experience Rating Plan—1995 (ERP) that includes all the approved rules regarding the new formula, experience rating eligibility and the experience rating form effective January 1, 2019.
Experience Modification Estimator
The 2019 Experience Modification Estimator will generate an experience modification based on the WCIRB’s approved 2019 Experience Rating Plan values including expected loss rates, D-Ratios, primary thresholds that vary by employer size. The 2019 Estimator will also estimate the impact the 2019 formula change is having on a 2019 experience modification.
CompEssentials Online Training
In 2019, we will release the fourth course of our acclaimed online training program, CompEssentials. The course will provide an overview of the workers' compensation system in California and the WCIRB’s role in it. We will make sure to notify you once the course is launched, but until then, it is never too late to brush up on workers’ compensation system knowledge. Get a head of the New Year and take our courses on Experience Rating, Ownership and Classification Basics. To enroll, go to our CompEssentials page.
This News and Notes marks the last edition for 2018! Thank you for subscribing and reading each month. If you have a topic that you would like covered in 2019, email us at email@example.com. Have a great holiday season.