39-71-2341. Variable pricing -- higher premium by state fund for noncompliance with safety program -- expenditure accounting. (1) The state fund shall:
     (a) implement variable pricing levels within individual rate classifications to reward an employer with a good safety record and penalize an employer with a poor safety record. The timeliness of an employer's payroll reporting and premium payments and other relevant factors may be considered in the placement of an employer within the variable pricing levels.
     (b) provide an additional pricing level with a higher rate within the classification for those employers who do not satisfactorily implement a safety program subsequent to the provision of or attempt to provide onsite safety consultation services.
     (2) The state fund may assess a surcharge of an additional 20% on premiums payable to the state fund by high-loss employers. The criteria for identifying high-loss employers must be established by the state fund board of directors by rule.
     (3) The state fund shall separately account for money expended under 2-15-1708, 33-15-318, Title 39, chapter 71, part 15, 39-71-2311, and this section.

     History: En. Sec. 10, Ch. 295, L. 1993.