Residual Premium Algorithm
OVERVIEW
|
RESIDUAL MARKET DATA ENTRY
(Algorithm PDF)
|
VOLUNTARY MARKET DATA ENTRY
(Algorithm PDF)
|
WCRIBMA HOME
Residual Market Data Entry
Employer Name
Effective Date
<
January
February
March
April
May
June
July
August
September
October
November
December
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
>
Sun
Mon
Tue
Wed
Thu
Fri
Sat
27
28
29
30
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1
2
3
4
5
6
7
Today: 5/1/2025
Expiration Date
<
January
February
March
April
May
June
July
August
September
October
November
December
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
>
Sun
Mon
Tue
Wed
Thu
Fri
Sat
27
28
29
30
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1
2
3
4
5
6
7
Today: 5/1/2025
Cancellation Date
<
January
February
March
April
May
June
July
August
September
October
November
December
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
>
Sun
Mon
Tue
Wed
Thu
Fri
Sat
27
28
29
30
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1
2
3
4
5
6
7
Today: 5/1/2025
Cancellation Type
Not Applicable
Pro Rata
Short Rate
Was policy issue short term to replace a binder or to establish concurrency with other policies?
No
Yes
Waiver of Subrogation
No
Yes
Employers Liability
9845 - Standard Limits
9803 - 100/100/1000
9807 - 500/500/500
9808 - 500/500/1000
9812 - 1000/1000/1000
Small Deductible Programs applicable to Workers' Compensation only and not Employers Liability
MA Benefits Deductible Program:
None
$500
$1,000
$2,000
$2,500
$5,000
MA Benefits Claim & Aggregate Deductible Program:
No
Yes
Experience Modification(x.xx):
Merit Rating:
None
.95
1.00
1.05
MA Construction Credit(xx):
ARAP Surcharge(x.xx):
QLMP Credit(xx.xx):
Former Self-Insurers Charge(whole dollar):
Admiralty Employers Liability Limit:
None
10,000 Standard
50,000
100,000
DIA Assessment:
Private
Public
Enter Class Codes
Class Code*
Exposure(Not subject to waiver)
Exposure(Subject to waiver)
USL&H
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Add Class Codes
* Refer to the algorithm Part I (1): enter class codes for the following: admiralty classes, non-admiralty payroll classes, per capita classes, supplemental rate disease classes, supplemental non-ratable classes, and/or the supplemental rate atomic energy exposure.