
March 20, 1997
ALL ASSOCIATION MEMBERS
Circular Letter No. 97-1271
RE: Reporting of Deductible Statistical Codes: Policies
The purpose of this circular is to provide instructions for the reporting of deductible premium on policies.
On policies effective 1-1-96 and subsequent, deductible premium should be reported in one of the following two deductible premium codes:
9664 - Deductible Applied to Premium Before Experience Modification
9663 - Deductible Applied to Premium After Experience Modification
All deductible class codes as previously shown on Minnesota exception pages of the NCCI Workers' Compensation Statistical Plan Manual are no longer valid class codes in Minnesota. Please refer to the newly released Minnesota Statistical Plan Manual for all valid Minnesota codes.
If you have any questions, please contact our office.
Sincerely,
J. P. HILDEBRANDT
President
JPH/sb