Chapter 296-17B WAC

Last Update: 11/30/18

RETROSPECTIVE RATING FOR WORKERS' COMPENSATION INSURANCE

WAC Sections

296-17B-010Introduction and overview.
296-17B-020How to read these rules.
296-17B-030The language we use in these rules.
296-17B-040Which version of these rules applies to you?
296-17B-100Individual retrospective rating.
296-17B-200Group retrospective rating—Overview.
296-17B-210Qualifications for sponsoring organizations.
296-17B-220Qualifications for new groups.
296-17B-230Qualifications for existing groups.
296-17B-240Enrolling a group.
296-17B-250Employer qualifications for group membership.
296-17B-260Homogeneity.
296-17B-270Industry categories.
296-17B-280Enrolling an employer in a group.
296-17B-300Choosing loss limits.
296-17B-400Adjustments.
296-17B-410Calculating your retrospective rating premiums.
296-17B-420Premium administration expense charge.
296-17B-430Incurred loss and expense charge.
296-17B-440Net insurance charge.
296-17B-500Determining your standard premiums.
296-17B-510Assigning claims to coverage periods.
296-17B-520Determining your losses.
296-17B-530Determining case incurred losses.
296-17B-540Determining loss incurred for each claim.
296-17B-550Determining your incurred losses.
296-17B-560Determining your hazard group and size group.
296-17B-600Performance adjustment—Overview.
296-17B-610How we determine the performance adjustment factor.
296-17B-620More about the performance adjustment factor.
296-17B-700Protest and appeals.
296-17B-710Account in good standing.
296-17B-720Prohibited conduct.
296-17B-730Probation.
296-17B-740Refunds of standard premiums after final adjustment.
296-17B-750Notification.
296-17B-760Coverage periods.
296-17B-770Common ownership.
296-17B-780Due dates.
296-17B-810Discounted loss development factors.
296-17B-830Expected loss ratio factors.
296-17B-840Claim types.
296-17B-900Retrospective rating plans standard premium size ranges.
296-17B-910Hazard Group 1 tables.
296-17B-920Hazard Group 2 tables.
296-17B-930Hazard Group 3 tables.
296-17B-940Hazard Group 4 tables.
296-17B-950Hazard Group 5 tables.
296-17B-960Hazard Group 6 tables.
296-17B-970Hazard Group 7 tables.
296-17B-980Hazard Group 8 tables.
296-17B-990Hazard Group 9 tables.
DISPOSITION OF SECTIONS FORMERLY CODIFIED IN THIS TITLE
296-17B-820Discount factors. [Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-820, filed 10/19/10, effective 11/19/10.] Repealed by WSR 12-21-054, filed 10/15/12, effective 12/14/12. Statutory Authority: RCW 51.18.010 and 51.04.020(1).


296-17B-010
Introduction and overview.

Retrospective rating (retro) is a voluntary financial incentive program offered by the department of labor and industries to encourage improvements in workplace safety.
Chapter 296-17 WAC defines the standard method for determining the price of workers' compensation insurance for employers insured with the state fund. All employers insured with the state fund must pay the accident fund, medical aid fund, and supplemental pension fund premiums established in that chapter.
Employers who participate in retrospective rating bind themselves to the rules of the retrospective rating program found in this chapter. Under these sections, a participant's ultimate cost of workers' compensation insurance will be different than under chapter 296-17 WAC.
Employers participate in retrospective rating because it creates an opportunity to earn refunds of premiums they are required to pay under chapter 296-17 WAC. However, participation involves risk: Participants not successful in controlling losses can be assessed additional premiums.
Employers control losses by preventing workplace illnesses and injuries, and helping injured workers return to work.
Employers that participate in retro can enroll either individually or as members of a sponsored group. Enrollment is for a one-year coverage period, but it is possible for employers to join a sponsored group after the group's one-year coverage period has begun, at the beginning of a calendar quarter.
After a coverage period is over, the department evaluates premiums and claims losses and determines retro premiums according to these rules. If a retro group's or an individually enrolled employer's retro premiums are less than the standard premiums paid initially, that firm or group will receive a refund. If the retro premiums are more than the standard premiums initially paid, the firm or group will be assessed the additional amount. Calculation of retrospective premiums is defined further in this chapter. The department goes through this annual adjustment process three times for each coverage period.
The department will repeat the studies that resulted in the hazard group assignments and changes to retrospective plan tables that are shown in WAC 296-17-901, 296-17B-300, 296-17B-560, 296-17B-830, and 296-17B-910 through 296-17B-990. The repeated studies will determine whether the results are consistent with the expectation of improved fairness in the distribution of the retrospective rating refunds among participants. These repeated studies will be done by April 1, 2020.
The department will evaluate and if necessary update the tables beginning at WAC 296-17B-910 every five years.
[Statutory Authority: RCW 51.18.010(2), 51.04.020. WSR 17-12-020, § 296-17B-010, filed 5/30/17, effective 6/30/17. Statutory Authority: RCW 51.18.010 and 51.04.020(1). WSR 12-21-054, § 296-17B-010, filed 10/15/12, effective 12/14/12. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-010, filed 10/19/10, effective 11/19/10.]



296-17B-020
How to read these rules.

We have written these rules so that employers and group sponsors can understand how the retrospective rating program works, both generally and in detail. These rules are meant to be read together. Often, we will make simple statements in one section, followed in another section by more detailed explanations. We hope that the simple statements are helpful, but if there appears to be a conflict between the simple statements and the detailed explanations that follow, it is the detailed explanation that tells you what we do and how we do it.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-020, filed 10/19/10, effective 11/19/10.]



296-17B-030
The language we use in these rules.

In these rules, when we say "we," we mean the retrospective rating program at the department of labor and industries. When we say "you," we mean either an individually enrolled employer or a sponsored group.
Except when the context specifically indicates, "you" does not mean an individual employer enrolled in a sponsored group.
We have tried to write these rules using plain language. When we use a word or phrase that means other than what it might ordinarily mean, an explanation of the word or phrase can be found in these rules.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-030, filed 10/19/10, effective 11/19/10.]



296-17B-040
Which version of these rules applies to you?

If you participate in retrospective rating, either as an enrolled employer or a group sponsor, the rules in effect on the first day of a coverage period are the rules that will apply to you for that coverage period, even if some of these rules are changed later.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-040, filed 10/19/10, effective 11/19/10.]



296-17B-100
Individual retrospective rating.

(1) We will enroll a qualified employer who applies for enrollment for individual retrospective rating. To qualify, an employer must:
(a) Have an industrial insurance account in good standing;
(b) Have paid standard premiums at least equivalent to the minimum premium listed in size group 1, Table 1, WAC 296-17B-900, in the four calendar quarters prior to applying for enrollment; and
(c) Apply for enrollment no later than the fifteenth day of the month before the calendar quarter in which the coverage period begins. The application must indicate the employer's choices regarding loss limits and whether its net insurance charges will be calculated using standard premiums or incurred losses as explained in these rules. The application must be signed by an owner, partner, corporate officer or managing member of the employer's business.
(2) To reenroll, a currently enrolled employer must submit a new enrollment application no later than the fifteenth day of the month before the calendar quarter in which the new coverage period will begin.
(3) Employers enrolled individually are responsible for retrospective rating premiums for the coverage period enrolled.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-100, filed 10/19/10, effective 11/19/10.]



296-17B-200
Group retrospective rating—Overview.

In group retrospective rating, participating employers become members of an enrolled group sponsored by an approved organization. Employers continue to pay premiums directly to the department as determined by chapter 296-17 WAC. We calculate the group's retrospective rating premiums as though the standard premiums paid by members of the group were paid by the sponsor, and claims assigned to employer members were assigned to the group sponsor. Group sponsors are responsible for the retrospective rating premiums for the coverage period enrolled. If an adjustment results in us refunding premiums, the refund is the property of the group sponsor. If an adjustment results in us assessing additional premiums, the additional premiums are the responsibility of the group sponsor. With limited exceptions explained in these rules, the department is not involved in the private contractual relationship between group sponsor and group member.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-200, filed 10/19/10, effective 11/19/10.]



296-17B-210
Qualifications for sponsoring organizations.

We will approve an organization that applies for group sponsorship if the organization:
(1) Has been in existence for at least four years;
(2) Is an organization with dues paying members; and
(3) Exists primarily for some purpose other than that of obtaining or offering insurance coverage or insurance related services.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-210, filed 10/19/10, effective 11/19/10.]



296-17B-220
Qualifications for new groups.

We will enroll a new retrospective rating group only if:
(1) We approve the organization sponsoring the group;
(2) The members of the group qualify for group membership;
(3) The sponsor demonstrates an acceptable workplace safety and accident prevention plan for the group;
(4) The sponsor demonstrates an acceptable plan for cooperating with the department's claims management activities;
(5) At least half of the proposed members have been dues paying members of the sponsoring organization for at least one year;
(6) The standard premiums for the group members for the four quarters prior to enrollment total at least one million five hundred thousand dollars; and
(7) Enrolling the group will substantially improve workplace safety and accident prevention for its members.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-220, filed 10/19/10, effective 11/19/10.]



296-17B-230
Qualifications for existing groups.

The department will reenroll an existing group if the sponsor asks for it to be reenrolled, and the group still meets the requirements of WAC 296-17B-220 (1) through (4) and (7). Existing groups must submit application for group enrollment, noting their plan selection, maximum and minimum loss ratios and single loss limit for each plan year. The application must be received by the department at least one month prior to the start of the new plan year.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-230, filed 10/19/10, effective 11/19/10.]



296-17B-240
Enrolling a group.

An organization seeking to sponsor a group must notify us in writing of its intention to sponsor a group, select the industry category, and indicate its loss limit choices for the group no later than two months before the beginning of the coverage period. Organizations that have not previously been approved must at that time establish that the organization qualifies for group sponsorship. Evidence of qualification may include bylaws or articles of incorporation filed with the secretary of state.
We will not enroll a new group if the sponsoring organization also sponsors another group in a different industry category that has not yet received its final adjustment for its second coverage period.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-240, filed 10/19/10, effective 11/19/10.]



296-17B-250
Employer qualifications for group membership.

An employer qualifies for membership in a group if the employer:
(1) Has an industrial insurance account in good standing;
(2) Is a dues paying member of the organization sponsoring the group;
(3) Is not enrolled in retrospective rating either as a member of a group or individually for the coverage period; and
(4) The employer satisfies the homogeneity requirement of WAC 296-17B-260.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-250, filed 10/19/10, effective 11/19/10.]



296-17B-260
Homogeneity.

An employer may enroll in a group only if:
(1) We determine that the risk classes appropriately assigned to the employer are related to the industry category selected by the sponsoring organization for the group;
(2) The employer shares common ownership with an employer enrolled in the group that satisfies the requirements of subsection (1) of this section; or
(3) The employer has been a member of the group since prior to July 25, 1999.
In evaluating whether an employer's risk classes are related to the industry category, we will consider only those risk classes that define the nature of the employer's business operations insured with the state fund.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-260, filed 10/19/10, effective 11/19/10.]



296-17B-270
Industry categories.

The following is the list of industry categories from which a sponsor must select for a group:
(1) Agriculture and related services, including services related to the care and breeding of animals, and all agricultural related activities including growing, harvesting, packing, and processing for shipment.
(2) Automotive, truck and boat, manufacturing, sales, repair and related services.
(3) Construction and related services.
(4) Distillation, chemicals, food and related services.
(5) Entertainment, hospitality and related services.
(6) Facilities, property management, maintenance and related services.
(7) Government, utilities, schools, health care and related services.
(8) Grocery stores, grocery distribution centers, bakeries, milk and dairy products processing, delivery to customers and related services.
(9) Health care, pharmaceutical, laboratories and related services.
(10) Logging and wood products manufacturing and related services.
(11) Manufacturing, processing, mining, quarrying, and related services.
(12) Retail and wholesale stores and professional services such as banks and law firms and related services.
(13) Temporary help and related services.
(14) Transportation, recycle, warehousing, facility maintenance and related services.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-270, filed 10/19/10, effective 11/19/10.]



296-17B-280
Enrolling an employer in a group.

We will enroll a qualified employer in an enrolled group if the employer applies for enrollment and the sponsoring organization endorses the application. The application must be signed by an owner, corporate officer, partner or managing member of the employer's business, and may not be assigned or transferred to anyone else.
By endorsing an application, the sponsor is certifying that the employer is a dues paying member of the sponsoring organization. We must receive the endorsed application no later than the fifteenth day of the month before the calendar quarter the employer wishes to be enrolled for.
New applications do not need to be submitted by each member annually. As long as the employer maintains their account in good standing, we will automatically reenroll all participants in the group on an annual basis unless notified in writing by the employer or the group that the employer should be removed. This notification must be received by the last day of the prior coverage period.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-280, filed 10/19/10, effective 11/19/10.]



296-17B-300
Choosing loss limits.

The loss limits you select will also affect your net insurance charge.
(1) Single loss occurrence limit: Your losses incurred for each claim occurrence will be limited by the amount of protection chosen, as described in WAC 296-17B-440. You must choose one of the following single loss occurrence limits:
• $120,000;
• $160,000;
• $250,000;
• $275,000;
• $380,000;
• $500,000;
• $550,000;
• $800,000;
• $1,000,000;
• Unlimited.
(2) Aggregate loss limits: The product of the sum of your losses incurred and the performance adjustment factor will be limited by the maximum and minimum loss ratios you select. You will choose both a maximum and minimum loss ratio limit from the options available in the tables. You can also choose loss limits between the options listed in the tables.
(3) Restrictions on choice of limits:
(a) If you wish to select a single loss occurrence limit other than unlimited, the four most recent quarters of standard premiums must be at least twice the limit chosen. For example, you can only choose a single loss occurrence limit of two hundred seventy-five thousand dollars if your standard premiums in the four most recent calendar quarters were at least five hundred fifty thousand dollars.
(b) Your minimum loss ratio limit must be at least twenty percentage points lower than your maximum loss ratio limit.
(c) You can choose any maximum loss ratio between forty percent and one hundred sixty percent. Also you can choose any minimum loss ratio between zero percent and sixty percent. Your choice needs to be rounded to two decimal places. For example, you could choose a maximum loss ratio of ninety-eight and seventy-six one-hundredths percent.
(d) The three limits must be chosen so that the highest possible retrospective premiums must be between 105% and 200% of standard premiums, assuming a performance adjustment factor of 1.0 and the same size and hazard groups as your most recent coverage period.
(e) If at the time of adjustment, the standard premium at risk is less than one hundred five percent of the standard premium paid, the department will recalculate the adjustment results by amending your plan choices for the aggregate loss limits (maximum loss ratio, minimum loss ratio) so that the results conform to this requirement. The amendment of plan choices will be done in such a way as to make the best financial result for the participant. If that is not possible, the department will not adjust the premium at all: No refund or assessment will be calculated.
(f) If at the time of any annual adjustment, the standard premium you have paid places you in a size group outside of the options available in the appropriate hazard group table found in WAC 296-17B-910 through 296-17B-990, the department will change your single loss limit selection to unlimited.
[Statutory Authority: RCW 51.18.010(2), 51.04.020. WSR 17-12-020, § 296-17B-300, filed 5/30/17, effective 6/30/17. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-300, filed 10/19/10, effective 11/19/10.]



296-17B-400
Adjustments.

(1) We will calculate your retrospective rating premiums three times for a coverage period.
(2) We will pick a date approximately nine months after the coverage period ends, determine your standard premiums and losses as of that date, and then calculate your retrospective rating premiums. If the standard premiums you have paid are higher than your retrospective rating premiums, we will refund you the difference. If the standard premiums you have paid are lower than your retrospective rating premiums, we will send you a notice and order of assessment directing you to pay us the difference.
(3) We will repeat this process of determining standard premiums and losses and calculating retro premiums approximately twenty-one and thirty-three months after the coverage period ended, netting the retro premiums against the retro premiums paid previously.
(4) For participants having multiple coverage periods being adjusted at the same time, we will add the adjustments together and either pay you the net amount due you or send you a notice and order of assessment directing you to pay the net difference.
(5) If we send you a notice of assessment you will have thirty days to pay us. We will charge you late penalties and interest pursuant to RCW 51.48.210 on retrospective rating premium assessments you do not pay within thirty days.
If you are enrolled individually and owe any section of the department money, we may withhold from your refund an amount equal to the debt.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-400, filed 10/19/10, effective 11/19/10.]



296-17B-410
Calculating your retrospective rating premiums.

Your retrospective rating premiums will be evaluated at the time of each annual retrospective adjustment, and will be the sum of three charges:
• Premium administration expense charge;
• Incurred loss and expense charge;
• Net insurance charge.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-410, filed 10/19/10, effective 11/19/10.]



296-17B-420
Premium administration expense charge.

You will pay a premium administration expense charge for your share of the expenses of the industrial insurance program that are not directly related to claims administration. To determine your premium administration expense charge, our actuaries will multiply your standard premiums by the premium administration expense factor, which is four and three-tenths percent. This charge is not performance adjusted.
The premium administration expense factor was determined using premium and expense data from fiscal years 2013 through 2015.
[Statutory Authority: RCW 51.18.010(2), 51.04.020. WSR 17-12-020, § 296-17B-420, filed 5/30/17, effective 6/30/17. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-420, filed 10/19/10, effective 11/19/10.]



296-17B-430
Incurred loss and expense charge.

You will pay for the cost of your claims and their administration for those injuries and illnesses occurring during your retrospective rating enrollment period. You can protect yourself from high claims costs at the claim level with the single loss occurrence limit you select. You can protect yourself from high claims costs at the aggregate claims level with the maximum loss ratio you select.
Our actuaries will determine your incurred loss and expense charge by multiplying your losses incurred by the performance adjustment factor and one hundred nine percent, which is one plus the claims administration expense factor, currently nine percent.
Data from fiscal years 2006 through 2015 was used to determine the claims administration expense factor.
[Statutory Authority: RCW 51.18.010(2), 51.04.020. WSR 17-12-020, § 296-17B-430, filed 5/30/17, effective 6/30/17. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-430, filed 10/19/10, effective 11/19/10.]



296-17B-440
Net insurance charge.

You will pay a net insurance charge for the protection provided by your single loss occurrence limit and your maximum loss ratio.
Your net insurance charge can be calculated as a percentage of either your standard premiums or your incurred loss and expense charge.
(1) If you choose to have your net insurance charge calculated using your standard premiums, your net insurance charge will be calculated using the following formula:
(Premium insurance charge factor - Premium insurance savings factor) x (Standard premiums)
Your premium insurance charge factor and premium insurance savings factor will depend on your maximum and minimum loss ratio choice, size group and hazard group, and can be found in WAC 296-17B-910 through 296-17B-990. If you choose a maximum and/or minimum loss ratio between the options found in one of the tables, the department will interpolate to obtain the charge and/or savings factors from the factors found in the tables.
(2) If you choose to have your net insurance charge calculated using your losses incurred, your net insurance charge will be calculated using the following formula:
(Loss insurance charge factor - Loss insurance savings factor) / [1.0 - (Loss insurance charge factor - Loss insurance savings factor)] x Incurred loss and expense charge
Your loss insurance charge factor and loss insurance savings factor will depend on your maximum and minimum loss ratio choice, size group and hazard group, and can be found in WAC 296-17B-910 through 296-17B-990. If you choose a maximum and/or minimum loss ratio between the options found in one of the tables, the department will interpolate to obtain the charge and/or savings factors from the factors found in the tables.
[Statutory Authority: RCW 51.18.010 and 51.04.020(1). WSR 14-12-051, § 296-17B-440, filed 5/30/14, effective 7/1/14. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-440, filed 10/19/10, effective 11/19/10.]
Reviser's note: The brackets and enclosed material in the text of the above section occurred in the copy filed by the agency.



296-17B-500
Determining your standard premiums.

Employers are required to pay accident fund, medical aid stay-at-work and supplemental pension fund premiums according to chapter 296-17 WAC. Standard premiums are the premiums an employer pays to the accident and medical aid funds under chapter 296-17 WAC for employment during the coverage period, and do not include either stay-at-work or supplemental pension fund premiums.
For an employer enrolled in a group after the start of a group's coverage period, we will only consider the employer's standard premiums for the calendar quarters for which the employer was enrolled.
[Statutory Authority: RCW 51.18.010 and 51.04.020(1). WSR 12-21-054, § 296-17B-500, filed 10/15/12, effective 12/14/12. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-500, filed 10/19/10, effective 11/19/10.]



296-17B-510
Assigning claims to coverage periods.

We will include your industrial injury claims with a date of injury that falls within the coverage period.
We will include occupational disease claims with a date of last injurious exposure with you (prior to the filing of the claim) that falls within the coverage period.
For an employer enrolled in a group after the start of a group's coverage period, we will only consider the employer's claims related to the calendar quarters for which the employer was enrolled.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-510, filed 10/19/10, effective 11/19/10.]



296-17B-520
Determining your losses.

We determine your losses at the time of an adjustment.
To determine your losses, we first determine the case incurred losses for your claims. To these, we apply discounted loss development and expected loss ratio factors and your single loss occurrence limit to determine your losses incurred for each claim, as explained in these rules. The sum of your losses incurred will be your loss incurred, unless your maximum or minimum loss ratios apply.
[Statutory Authority: RCW 51.18.010 and 51.04.020(1). WSR 12-21-054, § 296-17B-520, filed 10/15/12, effective 12/14/12. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-520, filed 10/19/10, effective 11/19/10.]



296-17B-530
Determining case incurred losses.

If a claim is closed, we will use the actual losses for the claim as defined in WAC 296-17-870(1). If the claim is open, we will use either the case reserve amounts or the actual losses, whichever are higher.
Where not in conflict with these rules, we will use the rules for valuing claims for experience rating found in WAC 296-17-870 (1), (5) through (7), and (10) through (12).
Employer reimbursements from the Washington stay-at-work program will not be included in the case incurred costs of claims.
[Statutory Authority: RCW 51.18.010 and 51.04.020(1). WSR 12-21-054, § 296-17B-530, filed 10/15/12, effective 12/14/12. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-530, filed 10/19/10, effective 11/19/10.]



296-17B-540
Determining loss incurred for each claim.

(1) Calculating the initial loss incurred:
For each of your claims, we will multiply the case incurred loss by the appropriate discounted loss development factors to determine the initial loss incurred.
If you have a fatality, we will use three hundred fifty-seven thousand two hundred dollars as the claim's initial incurred loss for the claim, with three hundred twenty-three thousand dollars for accident fund incurred loss and thirty-four thousand two hundred dollars for the medical aid incurred loss, regardless of the case incurred loss, and before recovery factors if applicable.
(2) Applying the single loss occurrence limit:
The initial loss incurred for a claim will be the amount we use as the loss incurred unless the single loss occurrence limit applies.
The single loss occurrence limit applies when the sum of all initial losses incurred for your claims arising out of a single event is greater than your selected single loss occurrence limit. In that case, each claim's initial loss incurred will be its proportionate share of your single loss occurrence limit.
(3) Applying the expected loss ratio factors:
The preliminary loss incurred for a claim will be the amount of the initial loss incurred, after application of the single loss limit, multiplied by the appropriate expected loss ratio factor. The accident fund and medical aid fund portions of each claim will have separate expected loss ratio factors applied.
[Statutory Authority: RCW 51.16.035, 51.32.073, 51.18.010, and 51.04.020(1). WSR 18-24-073, § 296-17B-540, filed 11/30/18, effective 1/1/19; WSR 17-24-041, § 296-17B-540, filed 11/30/17, effective 1/1/18; WSR 16-24-014, § 296-17B-540, filed 11/29/16, effective 1/1/17; WSR 15-24-103, § 296-17B-540, filed 12/1/15, effective 1/1/16; WSR 14-24-084, § 296-17B-540, filed 12/1/14, effective 1/1/15; WSR 13-24-073, § 296-17B-540, filed 11/30/13, effective 1/1/14. Statutory Authority: RCW 51.16.035, 51.32.073, 51.08.010, and 51.04.020(1). WSR 12-24-048, § 296-17B-540, filed 11/30/12, effective 1/1/13; WSR 11-24-026, § 296-17B-540, filed 12/1/11, effective 1/1/12. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-540, filed 10/19/10, effective 11/19/10.]



296-17B-550
Determining your incurred losses.

If the sum of the losses incurred for your claims divided by your standard premiums and multiplied by the performance adjustment factor is greater than the maximum loss ratio you selected, your incurred losses will be reduced accordingly. If it is less than the minimum loss ratio you selected, your incurred losses will be increased accordingly.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-550, filed 10/19/10, effective 11/19/10.]



296-17B-560
Determining your hazard group and size group.

(1) Each risk classification is assigned to a hazard group, as shown in WAC 296-17-901. To determine your hazard group, we will first multiply your standard premiums in each risk class by the hazard group index for that risk class. This is called the adjusted standard premium. Hazard group indices are shown in subsection (3) of this section. We will then divide the total adjusted standard premiums by your total standard premiums, rounded to three decimal places to determine your average hazard index. We will assign you to a hazard group based on your average hazard index using the table in subsection (4) of this section.
(2) We will determine your size group based on your standard premiums using the table in WAC 296-17B-900.
(3) Hazard group index table.
Hazard Group Number
Hazard Index Number
1
 
.16
 
2
 
.28
 
3
 
.50
 
4
 
.61
 
5
 
.83
 
6
 
1.00
 
7
 
1.40
 
8
 
1.85
 
9
 
2.64
 
(4) Average hazard index table.
Hazard Group Number
Average Hazard Index Value is at Least:
But Less Than or Equal to:
1
 
0.000
 
0.219
 
2
 
0.220
 
0.389
 
3
 
0.390
 
0.554
 
4
 
0.555
 
0.719
 
5
 
0.720
 
0.914
 
6
 
0.915
 
1.199
 
7
 
1.200
 
1.624
 
8
 
1.625
 
2.244
 
9
 
2.245
 
2.640
 
Example:
• For your retrospective enrollment year, your group has exposure in risk classifications with Hazard Groups 3 and 6 and corresponding standard premiums of $1,000,000 and $2,000,000 during the enrollment year.
Risk Classification Hazard Group
Standard Premium
Hazard Index Number
Adjusted Standard Premium
3
$1,000,000
.500
 
$500,000
6
$2,000,000
1.000
 
$2,000,000
Total
$3,000,000
 
 
$2,500,000
• The Average Hazard Index value for your group is the total adjusted standard premiums divided by the total standard premiums or $2,500,000/$3,000,000 = 0.833 to three decimal places. This value 0.833 is in the range between 0.720 and 0.914.
• Therefore, your group will be assigned Hazard Group Number 5 during this annual adjustment.
[Statutory Authority: RCW 51.18.010(2), 51.04.020. WSR 17-12-020, § 296-17B-560, filed 5/30/17, effective 6/30/17. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-560, filed 10/19/10, effective 11/19/10.]



296-17B-600
Performance adjustment—Overview.

The department uses performance adjustment to ensure equity between employers that participate in retrospective rating and employers that do not. The goal of performance adjustment is to make sure that overall, after adjustments, retro participants pay the same share of their losses as employers that do not participate in retro.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-600, filed 10/19/10, effective 11/19/10.]



296-17B-610
How we determine the performance adjustment factor.

Our actuaries compare standard premiums and losses of employers in retro with those of employers not in retro to determine a target refund amount that would result in the groups of retro and nonretro employers funding the same percentage of their claim costs. In doing this, the actuaries pool the experience of the coverage period being adjusted with the experience from the coverage periods beginning the three previous quarters, and take into account possible future changes in losses based on historical data. The actuaries then add interest to the target amount to take into consideration the time value of money.
A performance adjustment factor (rounded to four decimal places) is then selected, so that when we calculate adjustments, the sum of all adjustments will most nearly equal the target refund amount.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-610, filed 10/19/10, effective 11/19/10.]



296-17B-620
More about the performance adjustment factor.

There is no particular significance to the performance adjustment factor being less than, greater than, or equal to 1.0000. The performance adjustment factor is influenced by many things, including overall premium rates, large losses by either retro or nonretro employers, and what options retro participants select when enrolling.
A new performance adjustment factor is calculated for each annual retrospective rating adjustment so that loss ratios of retro and nonretro employers are equal after refunds and additional premium assessments have been paid.
[Statutory Authority: RCW 51.18.010(2), 51.04.020. WSR 17-12-020, § 296-17B-620, filed 5/30/17, effective 6/30/17. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-620, filed 10/19/10, effective 11/19/10.]



296-17B-700
Protest and appeals.

If at the time of an adjustment you are disputing a decision affecting a claim's losses and you want us to recalculate your adjustment after that dispute has been resolved, you must protest the adjustment and identify the claim and dispute pending. We will issue a further order indicating that the adjustment may be revised after the dispute regarding the claim is resolved. After the dispute has been resolved, if you still want us to recalculate the adjustment, you must notify us, and we will recalculate your adjustment as though the dispute had been resolved at the time of the adjustment. We will not pay interest on any amount refunded.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-700, filed 10/19/10, effective 11/19/10.]



296-17B-710
Account in good standing.

To participate in retrospective rating, you as an employer or group sponsor need to have an account in good standing. This means that you need to have an open industrial insurance account with our industrial insurance program, have filed all required reports, and have paid all industrial insurance premiums, penalties and interest (or be current with a repayment plan the department agreed to), and not owe a debt to any other section of the department.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-710, filed 10/19/10, effective 11/19/10.]



296-17B-720
Prohibited conduct.

(1) Employers and group sponsors must not engage in claims suppression as defined in RCW 51.28.010(4).
(2) Employers and group sponsors must not pay medical service providers for medical services related to an industrial injury or occupational disease. Payment of monthly direct fees made on behalf of employees to qualifying direct primary care service providers as permitted by RCW 48.150.050 does not disqualify an employer or group sponsor from participation in the retrospective rating program.
(3) Unless disclosed to the member at the time of enrollment, group sponsors must not require members to pay dues, fees, or continue membership in the retrospective rating program beyond the last date of the coverage year in order to receive their share of refunds, if any.
If we determine that you have violated any of these provisions, we will remove you from retrospective rating effective the date we notify you, and permanently bar you from further participation in the retrospective rating program. You will remain liable for any additional premium assessments related to your participation prior to your removal, but you will forfeit any right to refunds for adjustments calculated after your removal.
[Statutory Authority: RCW 51.18.010 and 51.04.020(1). WSR 12-21-054, § 296-17B-720, filed 10/15/12, effective 12/14/12. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-720, filed 10/19/10, effective 11/19/10.]



296-17B-730
Probation.

If you as a sponsored group receive a net assessment for two consecutive coverage periods, you will be placed on probationary status. We will review your workplace safety and accident prevention plan and your methods of cooperation with the department's claims management activities, and contact you to discuss ways of improving your performance. If you receive a net assessment in the following coverage period, you will be denied future enrollment, and your sponsoring organization will not be allowed to sponsor another group in the same industry category for the five years following the third coverage period with a net assessment.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-730, filed 10/19/10, effective 11/19/10.]



296-17B-740
Refunds of standard premiums after final adjustment.

If, after the final adjustment for a coverage period, it is determined that an employer enrolled in retrospective rating is entitled to a refund of standard premiums for any reason other than the recalculation of experience provided for in WAC 296-17-870(3), we will adjust the amount of standard premiums to be refunded such that the net impact on the state fund is the same as if refund had taken place before the final adjustment.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-740, filed 10/19/10, effective 11/19/10.]



296-17B-750
Notification.

We will notify you if we need more information to make a decision about your application.
We will also notify you of our decision to enroll or deny enrollment.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-750, filed 10/19/10, effective 11/19/10.]



296-17B-760
Coverage periods.

Individual employers and sponsored groups enroll for one-year coverage periods. Coverage periods begin on the first day of a calendar quarter. Employers may join a sponsored group after its coverage period has begun, beginning on the first day of the next calendar quarter and continuing for the remainder of the coverage period.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-760, filed 10/19/10, effective 11/19/10.]



296-17B-770
Common ownership.

An employer that shares common ownership with one or more other employers cannot enroll in retrospective rating unless all employers sharing common ownership that are within the same industry category also enroll. Employers sharing common ownership can enroll individually or as members of a sponsored group. Employers sharing common ownership that are enrolled individually can choose to be rated separately or together.
Employers share common ownership when:
(1) One or more owners, directly or indirectly, own a majority interest in both employers; or
(2) One employer, directly or indirectly, owns a majority interest in another employer.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-770, filed 10/19/10, effective 11/19/10.]



296-17B-780
Due dates.

When you are required to submit a document (application, report, etc.) it must be received in the Tumwater labor and industries office by 5:00 p.m. on the date due. Documents may be mailed, faxed, or hand delivered. If the due date falls on a Saturday, Sunday, or holiday, it is due the next state business day.
[Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-780, filed 10/19/10, effective 11/19/10.]



296-17B-810
Discounted loss development factors.

At the time of adjustment, our actuaries determine discounted loss development factors by claim type, fund and enrollment period. Loss development factors account for the fact that claims ultimately cost the state fund more than they have cost to date, and more than they are estimated to cost at any particular point in time.
Discounting accounts for the fact that benefits are not paid at once, but rather are paid over a period of time. Discounts vary for different types of claims based on when benefits are expected to be paid.
[Statutory Authority: RCW 51.18.010(2), 51.04.020. WSR 17-12-020, § 296-17B-810, filed 5/30/17, effective 6/30/17. Statutory Authority: RCW 51.18.010 and 51.04.020(1). WSR 12-21-054, § 296-17B-810, filed 10/15/12, effective 12/14/12. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-810, filed 10/19/10, effective 11/19/10.]



296-17B-830
Expected loss ratio factors.

An expected loss ratio factor is a factor applied to case incurred loss amounts of claims and discounted loss development factors so that the ratio of discounted developed loss to standard premiums for the entire state fund used in the actuarial calculations equals the expected loss ratios. By doing this, loss ratios will not be expected to change simply because the department changed the rates for one fund significantly more than the rates for another fund. The expected loss ratios are:
Accident Fund
76.56%
Medical Aid Fund
88.0%
Separate factors will be calculated by fund and also by enrollment period at the time of each annual retrospective rating adjustment.
[Statutory Authority: RCW 51.18.010(2), 51.04.020. WSR 17-12-020, § 296-17B-830, filed 5/30/17, effective 6/30/17. Statutory Authority: RCW 51.18.010 and 51.04.020(1). WSR 12-21-054, § 296-17B-830, filed 10/15/12, effective 12/14/12. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-830, filed 10/19/10, effective 11/19/10.]



296-17B-840
Claim types.

The following claim types are considered when calculating the discounted loss development factors:
(1) Fatality;
(2) Total permanent disability pension claim;
(3) Structured settlement claim with ongoing, lifetime payments;
(4) Structured settlement claim with fixed, periodic payments;
(5) Structured settlement claim with one-time, lump sum payments;
(6) Permanent partial disability claim;
(7) Time-loss claim;
(8) Miscellaneous accident fund claim;
(9) Medical only claim.
[Statutory Authority: RCW 51.18.010 and 51.04.020(1). WSR 12-21-054, § 296-17B-840, filed 10/15/12, effective 12/14/12. Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. WSR 10-21-086, § 296-17B-840, filed 10/19/10, effective 11/19/10.]



296-17B-900
Retrospective rating plans standard premium size ranges.

RETROSPECTIVE RATING STANDARD PREMIUM SIZE RANGES
Effective January 1, 2019
Size Group Number
Standard Premium Range
 
From:
 
To:
1
5,430
-
6,349
2
6,350
-
7,179
3
7,180
-
8,079
4
8,080
-
9,049
5
9,050
-
10,079
6
10,080
-
11,189
7
11,190
-
12,379
8
12,380
-
13,629
9
13,630
-
14,969
10
14,970
-
16,369
11
16,370
-
17,859
12
17,860
-
19,459
13
19,460
-
21,149
14
21,150
-
22,949
15
22,950
-
24,829
16
24,830
-
26,839
17
26,840
-
28,959
18
28,960
-
31,219
19
31,220
-
33,589
20
33,590
-
36,099
21
36,100
-
38,789
22
38,790
-
41,629
23
41,630
-
44,649
24
44,650
-
47,859
25
47,860
-
51,259
26
51,260
-
54,889
27
54,890
-
58,749
28
58,750
-
62,849
29
62,850
-
67,229
30
67,230
-
71,909
31
71,910
-
76,909
32
76,910
-
82,269
33
82,270
-
88,009
34
88,010
-
94,069
35
94,070
-
100,699
36
100,700
-
107,899
37
107,900
-
115,699
38
115,700
-
123,999
39
124,000
-
132,999
40
133,000
-
142,599
41
142,600
-
152,999
42
153,000
-
164,199
43
164,200
-
176,199
44
176,200
-
189,299
45
189,300
-
203,499
46
203,500
-
218,899
47
218,900
-
235,499
48
235,500
-
253,999
49
254,000
-
273,999
50
274,000
-
295,899
51
295,900
-
320,199
52
320,200
-
347,199
53
347,200
-
377,499
54
377,500
-
411,099
55
411,100
-
448,899
56
448,900
-
491,899
57
491,900
-
540,499
58
540,500
-
596,499
59
596,500
-
661,099
60
661,100
-
736,699
61
736,700
-
825,399
62
825,400
-
930,599
63
930,600
-
1,058,999
64
1,059,000
-
1,215,999
65
1,216,000
-
1,412,999
66
1,413,000
-
1,667,999
67
1,668,000
-
2,002,999
68
2,003,000
-
2,471,999
69
2,472,000
-
3,161,999
70
3,162,000
-
4,299,999
71
4,300,000
-
6,444,999
72
6,445,000
-
11,789,999
73
11,790,000
-
30,179,999
74
30,180,000
-
and over
[Statutory Authority: RCW 51.16.035, 51.32.073, 51.18.010, and 51.04.020(1). WSR 18-24-073, § 296-17B-900, filed 11/30/18, effective 1/1/19; WSR 17-24-041, § 296-17B-900, filed 11/30/17, effective 1/1/18; WSR 16-24-014, § 296-17B-900, filed 11/29/16, effective 1/1/17; WSR 15-24-103, § 296-17B-900, filed 12/1/15, effective 1/1/16; WSR 14-24-084, § 296-17B-900, filed 12/1/14, effective 1/1/15; WSR 13-24-073, § 296-17B-900, filed 11/30/13, effective 1/1/14. Statutory Authority: RCW 51.16.035, 51.32.073, 51.08.010, and 51.04.020(1). WSR 12-24-048, § 296-17B-900, filed 11/30/12, effective 1/1/13; WSR 11-24-026, § 296-17B-900, filed 12/1/11, effective 1/1/12. Statutory Authority: RCW 51.16.035, 51.32.073, 51.18.010, and 51.04.020(1). WSR 11-04-069, § 296-17B-900, filed 1/28/11, effective 2/28/11.]



296-17B-910
Hazard Group 1 tables.

Premium-Based Plan, with no Single Loss Limit
Insurance Charge Table
Hazard Group 1
Effective June 30, 2017
 
Maximum Loss Ratio
Size
40%
50%
60%
70%
80%
90%
100%
110%
120%
130%
140%
150%
160%
1
.8641
.8494
.8361
.8239
.8126
.8020
.7920
.7826
.7736
.7650
.7567
.7488
.7411
2
.8566
.8408
.8266
.8136
.8016
.7904
.7797
.7697
.7601
.7509
.7421
.7336
.7253
3
.8498
.8331
.8181
.8044
.7917
.7798
.7686
.7579
.7478
.7380
.7287
.7197
.7109
4
.8430
.8255
.8097
.7952
.7818
.7693
.7574
.7462
.7355
.7252
.7153
.7057
.6964
5
.8364
.8179
.8013
.7861
.7720
.7588
.7463
.7344
.7231
.7122
.7018
.6917
.6819
6
.8298
.8105
.7930
.7771
.7623
.7484
.7352
.7227
.7108
.6993
.6883
.6777
.6674
7
.8233
.8031
.7848
.7681
.7525
.7379
.7241
.7110
.6984
.6864
.6748
.6637
.6530
8
.8169
.7957
.7766
.7591
.7428
.7275
.7130
.6992
.6860
.6734
.6613
.6497
.6385
9
.8105
.7884
.7685
.7501
.7331
.7170
.7018
.6874
.6737
.6605
.6479
.6357
.6240
10
.8043
.7812
.7604
.7413
.7234
.7067
.6908
.6758
.6614
.6477
.6345
.6219
.6097
11
.7981
.7741
.7524
.7324
.7138
.6963
.6798
.6641
.6492
.6349
.6212
.6081
.5955
12
.7919
.7670
.7444
.7235
.7041
.6859
.6687
.6524
.6369
.6221
.6079
.5943
.5812
13
.7858
.7598
.7363
.7146
.6944
.6755
.6576
.6407
.6246
.6092
.5945
.5804
.5669
14
.7797
.7527
.7283
.7057
.6847
.6651
.6465
.6290
.6123
.5964
.5812
.5666
.5527
15
.7737
.7457
.7203
.6968
.6751
.6547
.6355
.6173
.6001
.5836
.5680
.5530
.5386
16
.7676
.7386
.7122
.6879
.6654
.6443
.6244
.6056
.5878
.5709
.5547
.5393
.5245
17
.7616
.7315
.7042
.6790
.6557
.6338
.6133
.5939
.5756
.5581
.5415
.5257
.5105
18
.7556
.7245
.6962
.6701
.6460
.6234
.6023
.5823
.5634
.5454
.5284
.5121
.4966
19
.7497
.7174
.6881
.6612
.6363
.6130
.5912
.5706
.5512
.5328
.5153
.4986
.4827
20
.7437
.7104
.6801
.6524
.6266
.6027
.5802
.5590
.5391
.5202
.5022
.4852
.4690
21
.7378
.7033
.6721
.6434
.6169
.5922
.5691
.5474
.5269
.5075
.4892
.4718
.4553
22
.7318
.6962
.6640
.6345
.6072
.5818
.5580
.5357
.5147
.4949
.4762
.4584
.4416
23
.7259
.6892
.6560
.6255
.5974
.5713
.5469
.5241
.5026
.4824
.4633
.4452
.4280
24
.7200
.6821
.6479
.6166
.5877
.5608
.5358
.5125
.4905
.4698
.4504
.4320
.4146
25
.7140
.6750
.6398
.6076
.5779
.5504
.5247
.5008
.4784
.4573
.4375
.4188
.4011
26
.7081
.6680
.6317
.5986
.5681
.5399
.5137
.4892
.4663
.4449
.4247
.4057
.3878
27
.7022
.6609
.6236
.5896
.5583
.5294
.5026
.4776
.4543
.4325
.4120
.3927
.3745
28
.6963
.6538
.6155
.5805
.5485
.5189
.4915
.4660
.4423
.4201
.3993
.3797
.3614
29
.6904
.6467
.6073
.5715
.5387
.5084
.4804
.4545
.4303
.4077
.3866
.3669
.3483
30
.6846
.6396
.5992
.5625
.5288
.4979
.4694
.4429
.4183
.3955
.3741
.3540
.3353
31
.6787
.6326
.5911
.5534
.5190
.4874
.4583
.4314
.4064
.3832
.3615
.3413
.3223
32
.6728
.6255
.5829
.5443
.5091
.4769
.4472
.4198
.3945
.3709
.3490
.3285
.3094
33
.6670
.6184
.5747
.5352
.4993
.4664
.4361
.4083
.3826
.3587
.3365
.3158
.2965
34
.6612
.6113
.5666
.5262
.4894
.4559
.4251
.3968
.3707
.3465
.3241
.3032
.2837
35
.6554
.6042
.5584
.5171
.4795
.4453
.4140
.3853
.3588
.3343
.3117
.2906
.2709
36
.6496
.5971
.5502
.5079
.4696
.4347
.4029
.3737
.3468
.3221
.2992
.2779
.2581
37
.6438
.5900
.5419
.4987
.4595
.4240
.3916
.3620
.3348
.3097
.2866
.2651
.2452
38
.6380
.5829
.5337
.4895
.4496
.4134
.3805
.3504
.3229
.2975
.2741
.2525
.2326
39
.6323
.5759
.5255
.4804
.4396
.4028
.3694
.3388
.3109
.2853
.2617
.2400
.2200
40
.6267
.5688
.5173
.4712
.4297
.3922
.3582
.3272
.2989
.2731
.2493
.2275
.2075
41
.6211
.5619
.5092
.4621
.4198
.3817
.3471
.3157
.2871
.2610
.2371
.2153
.1954
42
.6157
.5551
.5012
.4531
.4100
.3712
.3361
.3043
.2754
.2491
.2251
.2033
.1835
43
.6104
.5484
.4933
.4442
.4003
.3608
.3252
.2929
.2638
.2373
.2133
.1916
.1719
44
.6051
.5417
.4854
.4353
.3905
.3503
.3142
.2816
.2521
.2256
.2016
.1800
.1605
45
.5999
.5351
.4776
.4264
.3808
.3399
.3032
.2703
.2406
.2140
.1901
.1686
.1494
46
.5948
.5286
.4699
.4177
.3712
.3296
.2925
.2592
.2294
.2027
.1789
.1577
.1388
47
.5899
.5222
.4622
.4089
.3616
.3194
.2817
.2481
.2182
.1916
.1679
.1470
.1285
48
.5851
.5158
.4546
.4002
.3520
.3091
.2710
.2371
.2071
.1806
.1572
.1366
.1185
49
.5806
.5100
.4474
.3920
.3428
.2993
.2607
.2267
.1967
.1703
.1471
.1269
.1093
50
.5763
.5042
.4403
.3838
.3338
.2896
.2506
.2164
.1864
.1602
.1373
.1176
.1004
51
.5721
.4985
.4333
.3756
.3247
.2799
.2406
.2062
.1763
.1503
.1279
.1085
.0920
52
.5680
.4929
.4263
.3675
.3157
.2703
.2307
.1962
.1664
.1407
.1186
.0998
.0838
53
.5640
.4873
.4193
.3593
.3067
.2607
.2207
.1862
.1566
.1312
.1096
.0914
.0760
54
.5601
.4818
.4124
.3512
.2977
.2511
.2109
.1764
.1470
.1220
.1009
.0833
.0685
55
.5564
.4764
.4055
.3432
.2887
.2416
.2012
.1667
.1375
.1130
.0925
.0755
.0614
56
.5527
.4711
.3987
.3351
.2798
.2322
.1915
.1571
.1283
.1043
.0844
.0680
.0547
57
.5492
.4660
.3920
.3271
.2709
.2228
.1819
.1477
.1192
.0957
.0765
.0609
.0483
58
.5459
.4609
.3854
.3192
.2621
.2134
.1724
.1384
.1103
.0874
.0689
.0541
.0423
59
.5427
.4560
.3788
.3113
.2532
.2041
.1630
.1291
.1016
.0793
.0616
.0476
.0366
60
.5397
.4512
.3723
.3034
.2444
.1948
.1536
.1200
.0930
.0715
.0546
.0414
.0313
61
.5368
.4466
.3660
.2956
.2356
.1855
.1443
.1110
.0846
.0639
.0479
.0356
.0264
62
.5342
.4421
.3597
.2879
.2268
.1762
.1350
.1021
.0764
.0565
.0415
.0302
.0219
63
.5317
.4378
.3536
.2802
.2180
.1668
.1256
.0933
.0683
.0494
.0354
.0252
.0178
64
.5295
.4338
.3476
.2725
.2092
.1575
.1163
.0845
.0604
.0426
.0297
.0205
.0141
65
.5276
.4300
.3417
.2649
.2003
.1480
.1070
.0759
.0528
.0361
.0244
.0163
.0108
66
.5258
.4264
.3360
.2572
.1913
.1385
.0976
.0672
.0453
.0299
.0195
.0125
.0080
67
.5244
.4232
.3305
.2496
.1822
.1287
.0882
.0587
.0380
.0241
.0150
.0093
.0057
68
.5232
.4202
.3252
.2420
.1729
.1187
.0785
.0501
.0310
.0187
.0110
.0065
.0038
69
.5223
.4176
.3202
.2342
.1632
.1083
.0686
.0416
.0243
.0137
.0076
.0042
.0023
70
.5216
.4154
.3153
.2263
.1529
.0972
.0582
.0330
.0178
.0092
.0047
.0024
.0013
71
.5210
.4122
.3050
.2049
.1214
.0624
.0277
.0108
.0039
.0014
.0006
.0004
.0003
72
.5210
.4120
.3033
.1978
.1068
.0450
.0145
.0038
.0010
.0003
.0002
.0001
.0000
73
.5210
.4120
.3030
.1943
.0931
.0263
.0039
.0004
.0001
.0000
.0000
.0000
.0000
74
.5210
.4120
.3030
.1940
.0862
.0122
.0002
.0000
.0000
.0000
.0000
.0000
.0000
Premium-Based Plan, with no Single Loss Limit
Insurance Savings Table
Hazard Group 1
Effective June 30, 2017
Minimum Loss Ratio
Size
0%
5%
10%
15%
20%
30%
40%
50%
60%
1
.0000
.0373
.0767
.1181
.1614
.2508
.3431
.4374
.5331
2
.0000
.0354
.0734
.1140
.1564
.2444
.3356
.4288
.5236
3
.0000
.0337
.0704
.1103
.1518
.2387
.3288
.4211
.5151
4
.0000
.0319
.0676
.1066
.1474
.2330
.3220
.4135
.5067
5
.0000
.0302
.0649
.1029
.1430
.2273
.3154
.4059
.4983
6
.0000
.0286
.0622
.0993
.1387
.2218
.3088
.3985
.4900
7
.0000
.0270
.0596
.0958
.1345
.2163
.3023
.3911
.4818
8
.0000
.0254
.0571
.0924
.1303
.2109
.2959
.3837
.4736
9
.0000
.0239
.0545
.0891
.1262
.2056
.2895
.3764
.4655
10
.0000
.0225
.0521
.0859
.1223
.2004
.2833
.3692
.4574
11
.0000
.0211
.0498
.0827
.1184
.1953
.2771
.3621
.4494
12
.0000
.0198
.0475
.0796
.1145
.1902
.2709
.3550
.4414
13
.0000
.0186
.0453
.0765
.1107
.1852
.2648
.3478
.4333
14
.0000
.0174
.0431
.0735
.1070
.1802
.2587
.3407
.4253
15
.0000
.0163
.0410
.0706
.1034
.1753
.2527
.3337
.4173
16
.0000
.0152
.0390
.0677
.0998
.1704
.2466
.3266
.4092
17
.0000
.0141
.0370
.0649
.0963
.1655
.2406
.3195
.4012
18
.0000
.0131
.0351
.0622
.0928
.1607
.2346
.3125
.3932
19
.0000
.0122
.0332
.0595
.0893
.1560
.2287
.3054
.3851
20
.0000
.0113
.0314
.0569
.0860
.1513
.2227
.2984
.3771
21
.0000
.0104
.0297
.0543
.0826
.1465
.2168
.2913
.3691
22
.0000
.0096
.0279
.0518
.0793
.1418
.2108
.2842
.3610
23
.0000
.0088
.0263
.0493
.0761
.1372
.2049
.2772
.3530
24
.0000
.0081
.0247
.0469
.0729
.1325
.1990
.2701
.3449
25
.0000
.0074
.0231
.0445
.0697
.1279
.1930
.2630
.3368
26
.0000
.0067
.0217
.0422
.0666
.1233
.1871
.2560
.3287
27
.0000
.0061
.0202
.0399
.0635
.1187
.1812
.2489
.3206
28
.0000
.0055
.0188
.0377
.0605
.1142
.1753
.2418
.3125
29
.0000
.0049
.0175
.0355
.0575
.1096
.1694
.2347
.3043
30
.0000
.0044
.0162
.0334
.0546
.1052
.1636
.2276
.2962
31
.0000
.0040
.0149
.0313
.0517
.1007
.1577
.2206
.2881
32
.0000
.0035
.0137
.0293
.0488
.0962
.1518
.2135
.2799
33
.0000
.0031
.0126
.0273
.0460
.0918
.1460
.2064
.2717
34
.0000
.0027
.0115
.0254
.0432
.0875
.1402
.1993
.2636
35
.0000
.0024
.0105
.0235
.0405
.0831
.1344
.1922
.2554
36
.0000
.0021
.0095
.0217
.0379
.0788
.1286
.1851
.2472
37
.0000
.0018
.0085
.0200
.0352
.0745
.1228
.1780
.2389
38
.0000
.0015
.0076
.0183
.0327
.0703
.1170
.1709
.2307
39
.0000
.0013
.0068
.0167
.0302
.0662
.1113
.1639
.2225
40
.0000
.0011
.0060
.0151
.0278
.0621
.1057
.1568
.2143
41
.0000
.0009
.0053
.0136
.0256
.0581
.1001
.1499
.2062
42
.0000
.0007
.0046
.0123
.0234
.0542
.0947
.1431
.1982
43
.0000
.0006
.0040
.0110
.0213
.0505
.0894
.1364
.1903
44
.0000
.0005
.0034
.0097
.0192
.0468
.0841
.1297
.1824
45
.0000
.0004
.0029
.0086
.0173
.0432
.0789
.1231
.1746
46
.0000
.0003
.0025
.0075
.0155
.0397
.0738
.1166
.1669
47
.0000
.0002
.0021
.0065
.0138
.0364
.0689
.1102
.1592
48
.0000
.0002
.0017
.0056
.0122
.0332
.0641
.1038
.1516
49
.0000
.0001
.0014
.0049
.0108
.0303
.0596
.0980
.1444
50
.0000
.0001
.0012
.0042
.0095
.0276
.0553
.0922
.1373
51
.0000
.0001
.0010
.0036
.0083
.0249
.0511
.0865
.1303
52
.0000
.0001
.0008
.0030
.0072
.0224
.0470
.0809
.1233
53
.0000
.0000
.0006
.0025
.0062
.0200
.0430
.0753
.1163
54
.0000
.0000
.0005
.0021
.0052
.0177
.0391
.0698
.1094
55
.0000
.0000
.0004
.0017
.0044
.0155
.0354
.0644
.1025
56
.0000
.0000
.0003
.0013
.0036
.0134
.0317
.0591
.0957
57
.0000
.0000
.0002
.0010
.0029
.0115
.0282
.0540
.0890
58
.0000
.0000
.0001
.0008
.0023
.0098
.0249
.0489
.0824
59
.0000
.0000
.0001
.0006
.0018
.0081
.0217
.0440
.0758
60
.0000
.0000
.0001
.0004
.0014
.0067
.0187
.0392
.0693
61
.0000
.0000
.0000
.0003
.0010
.0053
.0158
.0346
.0630
62
.0000
.0000
.0000
.0002
.0007
.0042
.0132
.0301
.0567
63
.0000
.0000
.0000
.0001
.0005
.0032
.0107
.0258
.0506
64
.0000
.0000
.0000
.0001
.0003
.0023
.0085
.0218
.0446
65
.0000
.0000
.0000
.0000
.0002
.0016
.0066
.0180
.0387
66
.0000
.0000
.0000
.0000
.0001
.0010
.0048
.0144
.0330
67
.0000
.0000
.0000
.0000
.0000
.0006
.0034
.0112
.0275
68
.0000
.0000
.0000
.0000
.0000
.0003
.0022
.0082
.0222
69
.0000
.0000
.0000
.0000
.0000
.0002
.0013
.0056
.0172
70
.0000
.0000
.0000
.0000
.0000
.0001
.0006
.0034
.0123
71
.0000
.0000
.0000
.0000
.0000
.0000
.0000
.0002
.0020
72
.0000
.0000
.0000
.0000
.0000
.0000
.0000
.0000
.0003
73
.0000
.0000
.0000
.0000
.0000
.0000
.0000
.0000
.0000
74
.0000
.0000
.0000
.0000
.0000
.0000
.0000
.0000
.0000
Premium-Based Plan, with Various Single Loss Limits
Insurance Charge Table
Hazard Group 1
Effective June 30, 2017
Maximum Loss Ratio
Size Group
Single Loss Limit*
40%
50%
60%
70%
80%
90%
100%
110%
120%
130%
140%
150%
160%
36
$120
.6638
.6102
.5622
.5190
.4799
.4442
.4117
.3819
.3544
.3291
.3080
.2934
.2809
37
$120
.6578
.6029
.5538
.5096
.4696
.4333
.4002
.3699
.3421
.3171
.3005
.2865
.2745
38
$120
.6520
.5956
.5454
.5002
.4594
.4225
.3888
.3581
.3299
.3094
.2935
.2800
.2685
39
$120
.6462
.5885
.5370
.4909
.4493
.4116
.3774
.3463
.3205
.3022
.2868
.2737
.2627
40
$120
.6404
.5813
.5286
.4815
.4391
.4007
.3660
.3344
.3130
.2952
.2803
.2677
.2570
 
$160
.6362
.5775
.5252
.4783
.4362
.3981
.3636
.3322
.3035
.2772
.2561
.2395
.2253
41
$120
.6347
.5742
.5204
.4722
.4290
.3900
.3547
.3266
.3059
.2886
.2741
.2619
.2517
 
$160
.6306
.5705
.5170
.4691
.4262
.3875
.3524
.3205
.2915
.2666
.2478
.2319
.2184
42
$120
.6292
.5672
.5122
.4631
.4190
.3793
.3437
.3193
.2991
.2822
.2681
.2563
.2468
 
$160
.6250
.5635
.5089
.4600
.4162
.3768
.3412
.3089
.2797
.2582
.2400
.2247
.2118
43
$120
.6237
.5604
.5041
.4539
.4090
.3687
.3363
.3123
.2925
.2760
.2623
.2512
.2424
 
$160
.6196
.5567
.5008
.4510
.4064
.3663
.3301
.2974
.2710
.2502
.2327
.2179
.2055
44
$120
.6183
.5535
.4960
.4448
.3991
.3580
.3290
.3055
.2860
.2699
.2569
.2466
.2384
 
$160
.6143
.5499
.4928
.4419
.3964
.3557
.3190
.2869
.2628
.2426
.2256
.2114
.1995
45
$120
.6130
.5468
.4880
.4358
.3891
.3502
.3220
.2988
.2797
.2642
.2520
.2423
.2347
 
$160
.6090
.5432
.4848
.4329
.3866
.3451
.3079
.2785
.2549
.2353
.2188
.2051
.1937
46
$120
.6079
.5401
.4801
.4268
.3793
.3431
.3151
.2923
.2737
.2590
.2474
.2384
.2314
 
$160
.6039
.5366
.4770
.4240
.3768
.3346
.2982
.2705
.2474
.2283
.2124
.1992
.1883
47
$120
.6028
.5336
.4723
.4179
.3700
.3361
.3084
.2859
.2680
.2541
.2432
.2348
.2284
 
$160
.5989
.5301
.4692
.4152
.3671
.3242
.2900
.2627
.2402
.2215
.2061
.1935
.1833
 
$250
.5936
.5255
.4651
.4115
.3639
.3214
.2835
.2497
.2196
.1929
.1716
.1536
.1384
48
$120
.5979
.5271
.4645
.4090
.3630
.3292
.3018
.2799
.2627
.2495
.2393
.2315
.2256
 
$160
.5939
.5237
.4615
.4063
.3573
.3145
.2820
.2552
.2331
.2150
.2001
.1882
.1788
 
$250
.5888
.5191
.4574
.4028
.3542
.3110
.2727
.2386
.2084
.1836
.1630
.1457
.1311
 
$275
.5879
.5184
.4568
.4022
.3537
.3106
.2723
.2383
.2081
.1817
.1600
.1415
.1260
49
$120
.5933
.5211
.4572
.4005
.3565
.3228
.2958
.2745
.2581
.2455
.2358
.2286
.2233
 
$160
.5894
.5177
.4542
.3979
.3480
.3069
.2748
.2483
.2266
.2090
.1948
.1836
.1748
 
$250
.5843
.5132
.4502
.3944
.3450
.3012
.2624
.2281
.1989
.1751
.1552
.1385
.1246
 
$275
.5835
.5124
.4496
.3939
.3445
.3008
.2620
.2278
.1976
.1725
.1515
.1338
.1189
50
$120
.5889
.5152
.4499
.3922
.3502
.3166
.2901
.2695
.2537
.2417
.2327
.2260
.2212
 
$160
.5851
.5118
.4470
.3896
.3388
.2996
.2677
.2416
.2204
.2034
.1899
.1794
.1712
 
$250
.5799
.5074
.4431
.3862
.3359
.2914
.2522
.2179
.1902
.1671
.1478
.1317
.1183
 
$275
.5791
.5066
.4424
.3856
.3354
.2910
.2519
.2175
.1881
.1639
.1435
.1264
.1121
51
$120
.5846
.5094
.4428
.3856
.3439
.3106
.2846
.2646
.2495
.2381
.2298
.2237
.2193
 
$160
.5808
.5061
.4399
.3813
.3310
.2924
.2607
.2350
.2144
.1981
.1853
.1755
.1679
 
$250
.5757
.5016
.4360
.3780
.3268
.2817
.2421
.2090
.1819
.1594
.1406
.1252
.1124
 
$275
.5749
.5009
.4354
.3775
.3263
.2813
.2418
.2075
.1793
.1556
.1358
.1194
.1057
52
$120
.5804
.5036
.4356
.3795
.3377
.3048
.2793
.2600
.2455
.2348
.2271
.2216
.2177
 
$160
.5766
.5003
.4327
.3731
.3238
.2853
.2539
.2286
.2086
.1931
.1810
.1718
.1648
 
$250
.5716
.4960
.4290
.3698
.3177
.2720
.2324
.2005
.1739
.1519
.1337
.1188
.1067
 
$275
.5708
.4953
.4284
.3693
.3172
.2716
.2318
.1984
.1707
.1476
.1284
.1126
.0996
 
$380
.5689
.4936
.4270
.3681
.3162
.2707
.2310
.1965
.1666
.1409
.1193
.1012
.0860
53
$120
.5763
.4979
.4285
.3734
.3317
.2991
.2742
.2555
.2417
.2317
.2246
.2197
.2162
 
$160
.5726
.4947
.4257
.3648
.3168
.2783
.2471
.2224
.2032
.1883
.1769
.1684
.1620
 
$250
.5676
.4904
.4219
.3616
.3086
.2623
.2237
.1922
.1661
.1446
.1270
.1128
.1014
 
$275
.5667
.4897
.4213
.3611
.3082
.2620
.2222
.1896
.1624
.1398
.1213
.1061
.0937
 
$380
.5649
.4881
.4200
.3599
.3072
.2611
.2211
.1865
.1568
.1318
.1109
.0934
.0789
54
$120
.5724
.4923
.4214
.3674
.3258
.2936
.2692
.2512
.2382
.2289
.2224
.2180
.2149
 
$160
.5686
.4891
.4186
.3571
.3098
.2713
.2406
.2165
.1979
.1838
.1731
.1652
.1595
 
$250
.5637
.4849
.4150
.3534
.2996
.2529
.2152
.1840
.1584
.1375
.1206
.1071
.0964
 
$275
.5628
.4842
.4144
.3529
.2991
.2524
.2133
.1810
.1543
.1323
.1144
.0999
.0883
 
$380
.5610
.4826
.4130
.3518
.2982
.2515
.2112
.1767
.1474
.1230
.1028
.0860
.0722
55
$120
.5685
.4869
.4144
.3615
.3200
.2881
.2644
.2471
.2348
.2263
.2204
.2164
.2138
 
$160
.5648
.4837
.4117
.3504
.3029
.2645
.2343
.2108
.1929
.1795
.1696
.1624
.1572
 
$250
.5599
.4794
.4081
.3453
.2906
.2444
.2069
.1761
.1510
.1307
.1145
.1018
.0919
 
$275
.5591
.4788
.4075
.3448
.2902
.2431
.2046
.1726
.1464
.1251
.1078
.0941
.0832
 
$380
.5573
.4772
.4062
.3437
.2892
.2420
.2015
.1670
.1384
.1146
.0950
.0790
.0659
 
$500
.5566
.4767
.4057
.3433
.2889
.2418
.2013
.1668
.1376
.1131
.0926
.0757
.0618
56
$120
.5648
.4815
.4089
.3557
.3143
.2828
.2598
.2432
.2317
.2238
.2186
.2151
.2129
 
$160
.5611
.4783
.4048
.3439
.2961
.2579
.2281
.2052
.1881
.1755
.1663
.1598
.1551
 
$250
.5562
.4741
.4013
.3372
.2816
.2361
.1988
.1683
.1437
.1241
.1088
.0968
.0876
 
$275
.5554
.4734
.4007
.3368
.2812
.2344
.1960
.1644
.1387
.1180
.1015
.0885
.0784
 
$380
.5536
.4719
.3994
.3357
.2803
.2326
.1918
.1578
.1296
.1064
.0875
.0722
.0599
 
$500
.5530
.4714
.3989
.3353
.2800
.2323
.1916
.1572
.1284
.1043
.0845
.0684
.0552
 
$550
.5529
.4713
.3989
.3353
.2799
.2323
.1916
.1572
.1283
.1043
.0844
.0682
.0549
57
$120
.5612
.4762
.4036
.3500
.3086
.2777
.2553
.2396
.2288
.2216
.2169
.2140
.2121
 
$160
.5576
.4730
.3980
.3373
.2893
.2513
.2220
.1999
.1835
.1717
.1633
.1574
.1533
 
$250
.5527
.4689
.3945
.3292
.2732
.2279
.1907
.1606
.1366
.1178
.1033
.0921
.0837
 
$275
.5519
.4682
.3939
.3287
.2722
.2259
.1876
.1564
.1312
.1112
.0955
.0834
.0740
 
$380
.5501
.4667
.3926
.3277
.2714
.2231
.1824
.1487
.1210
.0985
.0803
.0658
.0542
 
$500
.5495
.4662
.3922
.3273
.2711
.2229
.1820
.1478
.1193
.0958
.0768
.0614
.0491
 
$550
.5494
.4661
.3921
.3273
.2710
.2228
.1820
.1477
.1192
.0958
.0766
.0611
.0486
58
$120
.5578
.4710
.3983
.3444
.3031
.2726
.2510
.2361
.2261
.2196
.2155
.2130
.2114
 
$160
.5542
.4679
.3912
.3308
.2826
.2449
.2161
.1947
.1792
.1682
.1605
.1553
.1517
 
$250
.5493
.4638
.3878
.3212
.2652
.2197
.1827
.1531
.1298
.1118
.0981
.0877
.0801
 
$275
.5485
.4632
.3872
.3207
.2640
.2174
.1792
.1484
.1239
.1047
.0899
.0785
.0699
 
$380
.5468
.4616
.3860
.3197
.2625
.2137
.1732
.1398
.1127
.0908
.0734
.0597
.0489
 
$500
.5462
.4611
.3856
.3194
.2622
.2135
.1725
.1384
.1104
.0877
.0694
.0548
.0433
 
$550
.5461
.4611
.3855
.3193
.2622
.2135
.1725
.1384
.1103
.0875
.0691
.0544
.0427
59
$120
.5545
.4659
.3931
.3387
.2976
.2677
.2468
.2328
.2236
.2178
.2143
.2121
.2109
 
$160
.5509
.4629
.3850
.3244
.2760
.2385
.2103
.1898
.1751
.1649
.1580
.1534
.1504
 
$250
.5461
.4588
.3812
.3133
.2573
.2116
.1748
.1457
.1232
.1061
.0932
.0837
.0768
 
$275
.5453
.4582
.3806
.3128
.2558
.2090
.1710
.1406
.1168
.0985
.0845
.0740
.0662
 
$380
.5436
.4567
.3794
.3118
.2536
.2045
.1641
.1311
.1045
.0834
.0668
.0539
.0440
 
$500
.5430
.4562
.3790
.3114
.2534
.2042
.1631
.1292
.1018
.0797
.0623
.0485
.0378
 
$550
.5429
.4561
.3789
.3114
.2533
.2041
.1630
.1292
.1016
.0795
.0619
.0480
.0372
60
$120
.5515
.4610
.3879
.3332
.2922
.2629
.2429
.2297
.2213
.2162
.2132
.2114
.2104
 
$160
.5479
.4580
.3793
.3181
.2694
.2322
.2047
.1850
.1712
.1619
.1557
.1517
.1492
 
$250
.5431
.4540
.3747
.3056
.2494
.2035
.1670
.1385
.1168
.1006
.0886
.0800
.0738
 
$275
.5423
.4534
.3741
.3049
.2477
.2007
.1628
.1330
.1100
.0925
.0794
.0698
.0628
 
$380
.5405
.4519
.3729
.3039
.2448
.1955
.1551
.1224
.0965
.0762
.0605
.0485
.0395
 
$500
.5399
.4514
.3725
.3036
.2445
.1949
.1537
.1202
.0933
.0721
.0555
.0426
.0328
 
$550
.5398
.4513
.3724
.3035
.2445
.1948
.1537
.1201
.0931
.0718
.0550
.0420
.0321
 
$800
.5397
.4512
.3724
.3035
.2445
.1948
.1536
.1200
.0930
.0715
.0546
.0415
.0313
61
$120
.5486
.4563
.3828
.3276
.2868
.2582
.2390
.2268
.2193
.2148
.2123
.2108
.2101
 
$160
.5450
.4533
.3738
.3117
.2629
.2261
.1993
.1804
.1676
.1592
.1537
.1503
.1482
 
$250
.5402
.4494
.3683
.2984
.2415
.1955
.1593
.1315
.1107
.0954
.0844
.0766
.0712
 
$275
.5394
.4487
.3677
.2974
.2396
.1923
.1548
.1256
.1033
.0868
.0747
.0659
.0598
 
$380
.5377
.4473
.3665
.2961
.2361
.1865
.1461
.1139
.0887
.0693
.0545
.0435
.0354
 
$500
.5371
.4468
.3661
.2958
.2358
.1856
.1444
.1113
.0851
.0647
.0490
.0371
.0282
 
$550
.5370
.4467
.3661
.2957
.2357
.1855
.1443
.1111
.0848
.0643
.0484
.0364
.0273
 
$800
.5369
.4466
.3660
.2957
.2357
.1855
.1443
.1110
.0846
.0639
.0479
.0357
.0265
62
$120
.5458
.4518
.3777
.3221
.2815
.2536
.2354
.2241
.2174
.2136
.2115
.2104
.2098
 
$160
.5423
.4488
.3683
.3054
.2564
.2200
.1939
.1761
.1642
.1567
.1519
.1491
.1474
 
$250
.5375
.4449
.3620
.2913
.2337
.1876
.1517
.1247
.1048
.0905
.0804
.0735
.0689
 
$275
.5368
.4443
.3615
.2901
.2315
.1841
.1468
.1182
.0969
.0814
.0702
.0624
.0571
 
$380
.5350
.4428
.3603
.2883
.2275
.1775
.1372
.1056
.0811
.0626
.0489
.0388
.0316
 
$500
.5344
.4423
.3599
.2880
.2270
.1763
.1351
.1025
.0770
.0575
.0428
.0319
.0239
 
$550
.5344
.4423
.3598
.2880
.2269
.1762
.1350
.1023
.0767
.0571
.0422
.0311
.0230
 
$800
.5342
.4422
.3598
.2879
.2269
.1762
.1350
.1021
.0764
.0566
.0415
.0303
.0220
 
$1,000
.5342
.4421
.3597
.2879
.2269
.1762
.1350
.1021
.0764
.0565
.0415
.0302
.0219
63
$120
.5434
.4474
.3727
.3166
.2763
.2491
.2319
.2216
.2157
.2125
.2109
.2100
.2096
 
$160
.5398
.4445
.3629
.2991
.2500
.2139
.1887
.1719
.1611
.1544
.1504
.1481
.1468
 
$250
.5351
.4406
.3558
.2842
.2258
.1796
.1442
.1180
.0991
.0858
.0768
.0708
.0669
 
$275
.5343
.4400
.3553
.2828
.2234
.1758
.1389
.1111
.0907
.0762
.0662
.0593
.0547