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Ii. <br /> <br /> I <br /> I <br /> I <br /> i <br /> I <br /> <br /> I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Rate Sys.:em <br /> <br />Includes paid leave ·time in waae base, except for amounts in excess of 10~, <br />of payrol 1.. <br /> <br />Handates a I£~ workers' compensation premium.rate reduction (also mandates <br />I0~ reduction based on the expansion of the ~age base to include leave time, <br />but actual premium is not affected). <br /> <br />3. Limits.any pending rate increase to 2.3~. <br />Administration and Provlder Regu~atlon <br />l. Excludes attorneys~ fees on supplementary benefits. <br /> <br />2. Reduces health providers' fee limit from the 75th to the 60th percentile <br /> of the previous year's charges. <br /> <br />Provides restrictions on e~cesslve procedures and their reimbursement. <br /> <br />Limits duty of local subdivisions to review employers' insurance coyerage <br />and dlsa'llows liability for. failure to do so. <br /> <br /> Provides additional penalltes and increases interest rate to 18%. <br /> <br /> Requires employers to provide a workers' compensation brochure to employees'. <br /> <br /> Restricts most direct medical testimony in favor of written reports. <br />Insurance <br /> <br />1. Requires contTnuat.lon of any employer-paid health and accident insurance <br /> for an injured employee and dependents. <br /> <br />Requires insurers to offer deductibles in workers' compensation insurance <br />po! icles. <br /> <br />E. State Fund, Assigned Risk Pool and Other Funds <br /> <br />· .1 o <br /> <br />Creates a state competitive fund which will begin administering state <br />workers' compensation clalms in 1983 and begin selling insurance to loca! <br />subdivisions and private employers in 1985. The fund will be an independent <br />entity administered by a six member board appointed by the governor and <br />empowered to do everything an insurance company may do; <br /> <br />Reorganizes assigned risk plan on assessment basis. <br /> <br />Reinsurance association's upper liability threshold is reduced from $320,000 <br />to $200,000 and fixed at that level. <br /> <br />Creates a rehabilitation fund based on insurer assessments to finance <br />rehabilitation services. <br /> <br />I <br />I <br /> <br />5 <br /> <br />Increases special fund payment in cases of deaths withobt dependents from <br />$5,000 to $25,000. <br /> <br />I.ncreases the assessment base of the special fund. Fixes it at ~.5~ for <br />2 years and limits increases to 2~. <br /> <br />-2- <br /> <br />,. I <br /> <br /> <br />