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  • MWCIA Circular - 17-1705 - WCSTAT Header Record – Basis of Deductible Calculation Code – Code 12 Added

    March 22, 2017 ALL ASSOCIATION MEMBERS Circular Letter No. 17-1705 RE: WCSTAT Header Record - Basis of Deductible Calculation Code - Code 12 Added The Minnesota Department... of an additional Basis of Deductible Calculation Code (12) in Minnesota by adding this code to the Minnesota Statistical Plan Manual. The new code, 12—Variable—as per the Advisory Statistical Work
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  • MWCIA Circular 17-1604 - 2016 Test Audit Summary Report

    Minnesota Workers Compensation Insurers Association Carrier ID AFN Number Quarter: Test Audit Payroll Reason Code(s) Total Payroll Difference 1 Company Audit Payroll 401,637 P3 873,094 1,274,731..., 2016 Test Audits Completed January 1, 2016 Minnesota Workers Compensation Insurers Association Carrier ID AFN Number Quarter: Test Audit Payroll Reason Code(s) Total Payroll Difference 1 Company Audit
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  • MWCIA News - 4th Quarter 2016

    to the Minnesota Forms Manual, and a new Statistical Code with corresponding reporting rules to the Minnesota Statistical Plan Manual. The intent of this item is to provide carriers a more uniform
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  • MWCIA Circular 16-1701 - 4-1-2017 Assigned Risk Rates

    Assigned Minimum Class Assigned Minimum Class Assigned Minimum Code Risk Rate Premium Code Risk Rate Premium Code Risk Rate Premium MINNESOTA WORKERS' COMPENSATION 3255 7.32 373 3881 8.83 411 4557 3.44... April 1, 2017 4/1/2017 4/1/2017 4/1/2017 Class Assigned Minimum Class Assigned Minimum Class Assigned Minimum Code Risk Rate Premium Code Risk Rate Premium Code Risk Rate Premium MINNESOTA WORKERS
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  • MWCIA Circular 16-1700 - Frequently Asked Questions Regarding NCCI Item B-1429 – Establishment of Audit Noncompliance Charge – Minnesota

    :  Estimated Audit Code: N  Class Code 6834 o Exposure Amount: $50,000 (Estimated) o Rate: 7.69 o Premium Amount: $3,845 (Estimated)  Statistical Code 9757 (Audit Noncompliance Charge... Revised Exposure Record information:  Class Code 6834 o Exposure Amount: $65,060 (Audited) o Manual Rate: 7.69 o Premium Amount: $5,003 (Final) Also, in accordance with the reporting
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  • MWCIA Circular 16-1696 - ARROW Enhancements

     and mobile devices.  Also included is an enhanced region search resource, allowing users  to search by zip code.      ARROW is a web‐based product developed to allow carriers to perform queries against
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  • MWCIA Circular 16-1695 - Revised Minnesota Medical Data Call Reporting Manual Effective November 1, 2016

    Reporting Guidebook. The changes include the addition of a new Network Service Code for Pharmacy Benefit Manager, two new Paid Procedure Codes for Medical Marijuana reporting, additional instructions for new Taxonomy Code for Naturopath, and a new Place of Service Code for Dispensary. Also included in this filing are updates to the Submission Control Record name to File Control Record
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  • MWCIA Circular 16-1690 - NCCI Item Filing B-1431-Revisions to Basic Manual Classifications and Appendix E-Classifications by Hazard Group

    begins January 1, 2017. Effective January 1, 2018, the exposure included in Code 9149 will be reassigned to National Class Code 9154-Theater NOC: All Other Employees and Code 9149... by these classifications are conducted as separate and distinct businesses. ADDS REFERENCE FOR COTTON UNDER CLASS CODE 8103.  NCCI Item B-1431- Revisions to Basic Manual Classifications and Appendix E
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  • MWCIA Circular Letter 16-1692 - 2017 Minnesota Ratemaking Report

        (unmodified class data, pure premium exhibits)  $30 CD/Email      Pure Premium Base Rates (separately)  $25 Hard Copy    (Microsoft Excel spreadsheet of 1‐1‐2017 pure premium base  $10 CD/Email    rates and rating values by class code)      Complete Report (Volumes 1, 2 and 3 and CD)  $300 Hard Copy     $50 CD/Email    Please direct any questions to our Actuarial Services Department at 952‐897
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  • MWCIA Circular 16-1691 - NCCI Item R-1411 – 2015 Update to the Retrospective Rating Plan Hazard Group Differentials and Manual Rules

    factor (ELF) is the state classification code hazard group, located in the NCCI’ Basic Manual, increased two levels. When the state classification hazard group is already at the highest level... hazard group to use for the determination of an excess loss factor is the state classification code hazard group increased by two levels. When the state classification hazard group is already
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  • MWCIA News - 2nd Quarter 2016

    this link with any of your clients that might benefit from a class. Carrier/Member Instructions for Updating Contact Information Are you NOT receiving critical and important communications from
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  • MWCIA News - 2nd Quarter 2016

    this link with any of your clients that might benefit from a class. Carrier/Member Instructions for Updating Contact Information Are you NOT receiving critical and important communications from
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  • If an Assigned Risk policy develops no premium during the policy period, does the employer receive any money back?

    FAQ

    Yes. If there was no audited payroll during the policy term, the employer will receive everything back except the minimum premium for the clerical code (8810).

  • Should MN Special Compensation Fund class code 0174 and corresponding premium be reported on policies and unit statistical reports?

    FAQ

    Class 0174 and the corresponding premium, even if a zero amount, must be reported on all polices and unit statistical reports.

  • If a class code changes after the unit report was reported, and a claim was reported with the same class code, can I put both corrections on the same report?

    FAQ

    Yes. Use correction type “M” in the Correction Indicator Type field.

  • Tips for keeping Mods low:

    FAQ

    Contact Carrier 60 days prior to valuation date to review status of all open claims. A change in policy effective dates can impact the experience used in future modifications Review audit information - Payroll and Class codes Use carrier loss control and safety programs to help reduce overall losses.

  • How can I calculate my average hourly wage?

    FAQ

    To calculate your Average Hourly Wage, divide your total payroll by the total hours worked for each class code.

  • When I complete the MCPAP application, do I list all classification codes or only the contracting codes?

    FAQ

    List all codes shown on the policy. This includes both contracting codes and non-contracting codes. Include total payroll and hours worked for each code.

  • WEBSITE TERMS OF USE

    that the website or their Content, or any other files available for downloading from the Internet will be free of viruses, worms, Trojan horses, or other code that may manifest contaminating or destructive
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  • MWCIA History

    ). As if these difficulties were not enough, an anti-trust law suit brought by an individual and later certified as a class action case claimed that leading carriers were setting rates and were
    more

  • MWCIA Classification Survey Request Form

    or email to jeff.kvam@mwcia.org. Employer Information Employer Name: Association File Number or FEIN: Contact Name: Address: City, State, Zip Code: Phone Number: Email: Requester Information Carrier/Agency Name: Contact Name: Carrier/Agency Address: Phone: Email: City, State, Zip Code: Reason For Requesting Survey:
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  • What if I have questions?

    FAQ

    For questions concerning open claims:

    1. Contact your agent
    2. Contact the carrier's claim department

    For questions about class codes and payrolls:

    1. Contact your agent
    2. Contact carrier's audit department

    For questions about the rating formula:

    1. Email MWCIA at info@mwcia.org
    2. MWCIA 952.897.1737

  • What are the elements in the Experience rating plan formula?

    FAQ

    Elements of the Experience rating plan formula

    • ACTUAL LOSS = Total value of claim including reserves.
    • PRIMARY LOSS = Reduced amount of claim used in formula.
    • EXPECTED LOSS = Amount of claim your business is expected to have based on your business type (class codes) and size (payroll).
    • FORMULA FACTORS
      • EXPECTED LOSS RATE = Factor used to determine the amount of losses by class code expected by the formula.
      • D RATIO = Discounts the expected loss total to arrive at the expected primary loss.
      • WEIGHT FACTOR = Percentage of actual losses used in formula.
      • BALLAST FACTOR = Stabilizing element that limits modification fluctuation in the formula.

    • MWCIA 4th Quarter 2011 Newsletter

      modification. What information is required to complete the ERM-6? Class code, payroll & loss information will be entered in on the form. The form, including the injury codes, is found on our website... FOR FORMER SELF-INSURED DATA I’ve heard of an ERM-14, but what is an ERM-6? Self-insureds and self-insured groups are not required to submit data (class codes, payroll & losses) to rating
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    • MWCIA News - 4th Quarter 2014

      that helps to review the assigned risk applications as they come in to make sure we have correct class codes. Assigned Risk Department: Are you new to writing assigned risk policies? Or, if you.... For more information regarding this please contact Ora Lowery at ora.lowery@mwcia.org. Compensation Data Exchange (CDX) – Experience Rating Worksheet Lookup (EXR) – Carriers Only CDX also offers
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    • MWCIA News - 4th Quarter 2015

      year applications as well as a list of eligible contracting class codes. Minnesota Workers’ Compensation State of the Market The Minnesota workers’ compensation market continues to be relatively
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    • 15-3nl.pdf

      not. For example: Contractor A pays his employees $50.00 per hour and Contractor B pays his employees $25.00 per hour. Assume both contractors are in the same class code and have the same rating... Copy (Microsoft Excel spreadsheet of 1-1-2016 pure premium base rates and rating values by class code) $25 Hard Copy $10 CD/Email IV. Complete Report (Volumes 1, 2 and 3 and CD) $300 Hard
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    • MWCIA 2nd Quarter 2015 Newsletters

      don’t come true. My 11 th grade Jobs class teacher assured us back in 1978, that being a keypunch operator would give us a career for life. Good thing I didn’t listen to her because keypunch
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    • MWCIA News - 3rd Quarter 2014

      upon an employer currently having contracting operations and one eligible contracting code for which they paid $23.50 in average hourly wages for the 12-month period beginning January 1, 2013
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    • Microsoft Word - 2ndqtr2014MWCIANewsfnl.docx

      Remember the Standard Exceptions and General Inclusions; Generally, there will be only one Basic Class code, with the exception of contracting risks. The Basic Classification describes... in the warehouse. All of these employees will fall under the basic code that describes the manufacturing operation. You do not separately classify each of the different jobs involved in the manufacture
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