1. No category

March 21, 2014
CIRCULAR LETTER NO. 2238
To All Members and Subscribers of the WCRIBMA:
MANUAL RATES AND RATING VALUES EFFECTIVE APRIL 1, 2014
Attached please find revised manual pages that reflect the rates and rating values
effective April 1, 2014. Changes were made to class rates for both state classes and
federal classes. No changes were made with respect to the rates for Admiralty and
Federal Employers’ Liability Act classifications. Additionally, there were changes to the
following:
•
•
•
•
•
Expected Loss Rates and D-Ratios used in experience rating
Retrospective rating parameters including state special rating values, hazard
group differentials, and retrospective rating expense tables
USL&HW percentage used in connection with Rule XII-D-3 of the Massachusetts
Workers’ Compensation and Employers Liability Insurance Manual
USL&HW Act—Expected Loss Factor—Non-F Classes shown in Part Five of the
Experience Rating Plan Manual
Premium credits associated with the Benefits Deductible Coverage Program and
the Benefits Claim and Aggregate Deductible Program
When the new rates, experience ratings, and ARAP factors are received, carriers
should no longer attach Massachusetts Pending Premium Change Endorsement WC 20
04 01 to policies.
The new rates and rating values will be available in electronic form on our website
(www.wcribma.org). Experience rating and ARAP factors (including replacement of
preliminary experience ratings and ARAP factors), effective April 1, 2014 and
subsequent, will be issued in due course using the new Expected Loss Rates and DRatios.
THE WORKERS’ COMPENSATION RATING & INSPECTION BUREAU OF MASSACHUSETTS
101 ARCH STREET·5TH FLOOR, BOSTON, MASSACHUSETTS 02110-1103
(617) 439-9030, FAX (617) 439-6055, www.wcribma.org
Circular Letter No. 2238
The revised guidelines for filing deviations will be available shortly on the Division of
Insurance’s website (www.mass.gov/doi).
PAUL F. MEAGHER
President
Attachments
Exhibit 1
Page 1
MASSACHUSETTS WORKERS COMPENSATION
AND EMPLOYERS LIABILITY INSURANCE MANUAL
Original Printing
RATES
Page RA-1
Effective April 1, 2014
RATES
LEGEND
(a) Rate for each individual risk must be obtained by Home Office
from the MA Bureau.
D Supplement Disease Loading. Refer to Section IV of the Manual
Supplement - - Treatment of Disease Coverage.
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
0005
0008
0016
0034
0035
2.60
2.44
3.85
3.83
2.07
270.
264.
314.
313.
251.
20.
20.
20.
20.
20.
0036
0037
0042
0046
0050
3.83
2.44
4.11
2.55
5.97
313.
264.
323.
268.
500.
0059D
0065D
0066D
0067D
0079
0.28
0.12
0.10
0.10
2.59
0083
0106
0113
0170
0251
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
1463
1624D
1655
1701
1710D
8.27
5.34
5.47
4.23
5.34
500.
457.
461.
307.
457.
-20.
20.
-20.
20.
20.
20.
20.
50.
1747
1748
1852
1853
1860
3.54
2.88
6.59
1.55
2.31
283.
260.
481.
213.
240.
.
.
.
.
270.
.
.
.
.
20.
1924
1925
2001
2002
2003
2.29
3.81
3.24
3.26
3.24
5.07
15.80
3.83
3.83
3.46
356.
500.
313.
313.
300.
20.
20.
20.
20.
20.
2014
2021
2039
2041
2070
0770b
0773c
0774d
0775e
0776f
1.32
3.48
2.55
2.69
2.36
.
.
.
.
.
.
.
.
.
.
0779g
0799h
0908
0909
0912
1.93
7.86
85.00
148.00
296.00
.
.
149.
212.
360.
0913
0917
0918
1430
1438
169.00
2.79
0.65
10.24
3.01
233.
277.
202.
500.
264.
F Rate provides for coverage under the United States
Longshore and Harbor Workers’ Compensation Act.
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
2172
2174
2211
2220
2260
1.81
3.97
5.53
3.11
5.88
222.
298.
353.
268.
456.
------
------
2286
2288
2302
2305
2362
3.11
2.34
3.11
2.18
2.07
268.
241.
268.
235.
231.
239.
292.
272.
273.
272.
------
2380
2402
2413
2416
2417
2.53
2.67
3.10
2.84
3.16
3.33
2.90
2.45
2.24
3.72
276.
261.
245.
237.
289.
------
2501
2503
2534
2570
2576
2081
2089
2095
2101
2105
3.42
2.19
3.71
2.19
(a)
279.
236.
289.
236.
(a)
----(a)
.
.
----
2111
2114
2115
2121
2130
2.31
2.19
3.34
1.88
2.35
240.
236.
276.
225.
241.
-20.
20.
---
2131
2143
2150
2156
2157
2.06
2.69
5.21
6.88
4.99
231.
253.
341.
491.
334.
RATE
MIN
PREM
LOSS
CONST
2790
2802
2835
2836
2841
1.97
3.93
1.95
2.80
3.44
228.
297.
227.
257.
279.
------
------
2883
2923
2942
3018
3022
3.19
1.73
1.97
3.03
3.42
271.
220.
228.
265.
279.
------
248.
252.
268.
258.
270.
------
3027
3028
3030
3040
3041
4.15
3.78
7.24
7.03
4.25
304.
291.
500.
496.
308.
------
2.07
0.97
2.07
4.29
2.82
231.
193.
231.
309.
258.
------
3042
3064
3066
3076
3081D
5.07
2.61
2.61
2.32
7.18
336.
250.
250.
240.
500.
------
2578
2585
2586
2587
2623
2.82
3.05
1.49
2.72
3.79
258.
266.
211.
274.
292.
---20.
--
3082D
3085D
3110
3111
3113
7.18
4.29
7.31
2.24
1.91
500.
309.
500.
237.
226.
------
------
2640
2651
2660
2683
2688
2.14
2.14
1.81
1.87
2.43
234.
234.
222.
224.
244.
------
3114
3118
3119
3120
3122
3.16
1.91
0.90
1.70
2.28
270.
226.
191.
219.
239.
------
------
2702
2710
2731
2741
2747
15.92
6.46
4.09
5.28
6.75
500.
476.
302.
344.
486.
20.
-----
3127
3131
3132
3145
3146
0.78
1.86
2.96
1.69
1.84
186.
224.
263.
218.
223.
------
Non-Ratable Code and Rate to be used with the following classifications:
b 4770 d 4774 f 4776 h 4799
c 4773 e 4775 g 4779
CLASS
CODE
Exhibit 1
Page 2
MASSACHUSETTS WORKERS COMPENSATION
AND EMPLOYERS LIABILITY INSURANCE MANUAL
Original Printing
RATES
Page RA-2
Effective April 1, 2014
RATES
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
3169
3179
3180
3188
3200
3.78
1.48
2.52
2.99
2.78
291.
211.
247.
264.
256.
------
3220
3223
3227
3241
3255
2.20
(a)
3.78
2.29
3.03
236.
(a)
291.
239.
265.
3257
3270
3300
3305
3315
2.67
2.20
6.21
(a)
2.90
3336
3365
3372
3373
3381
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
3648
3681
3685
3724
3726
1.54
0.71
0.71
5.09
14.32
213.
184.
184.
478.
500.
---50.
50.
-(a)
----
3807
3808
3821
3826
3830
3.78
3.37
4.43
2.68
1.70
291.
277.
334.
253.
219.
252.
236.
467.
(a)
261.
---(a)
--
3841
4000
4021
4024
4034
1.60
4.41
3.82
2.77
5.16
3.15
8.98
2.19
3.87
2.95
269.
500.
236.
294.
262.
-50.
----
4036
4038
4053
4061
4062
3383
3385
3400
3507
3515
1.22
0.76
3.78
2.94
2.54
202.
186.
291.
262.
248.
------
3548
3558
3559
3571
3574
1.70
0.68
1.70
1.09
1.70
219.
183.
219.
197.
219.
3612
3620
3629
3632
3634
1.72
5.58
1.70
1.70
1.67
3635
3638
3642
3643
3647
3.41
1.70
1.03
1.48
2.46
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
4350
4351
4352
4360
4361
0.56
0.97
0.99
1.16
0.53
179.
193.
194.
200.
198.
----20.
--20.
---
4362
4410
4417
4432
4439
0.63
4.04
4.69
1.13
2.71
201.
300.
323.
199.
254.
215.
333.
293.
256.
340.
-20.
----
4452
4459
4470
4484
4493
3.13
2.71
2.55
2.18
2.94
2.52
2.13
1.80
2.65
2.65
247.
234.
222.
252.
252.
------
4511
4512
4557
4558
4561
4112
4113
4114
4130
4133
0.61
1.80
2.35
4.46
1.76
180.
222.
241.
315.
221.
------
------
4150
4239
4243
4244
4250
0.89
3.01
3.07
3.39
1.88
190.
264.
266.
278.
225.
219.
354.
219.
219.
217.
------
4251
4273
4279
4282
4283
1.73
2.74
3.23
0.79
2.62
278.
219.
195.
211.
245.
------
4299
4301
4304
4307
4308
RATE
MIN
PREM
LOSS
CONST
4829
4902
4923
5020
5022
1.13
1.97
1.16
5.80
9.80
199.
228.
200.
500.
500.
---50.
50.
20.
-----
5037
5040
5057
5059
5069
21.83
55.49
30.63
30.63
30.63
500.
500.
500.
500.
500.
50.
50.
50.
50.
50.
269.
254.
248.
235.
262.
------
5102
5146
5160
5183
5188
6.40
5.48
3.91
3.25
4.24
500.
492.
346.
323.
357.
50.
50.
50.
50.
50.
0.32
0.13
1.64
1.57
2.71
190.
184.
216.
214.
254.
20.
20.
----
5190
5191
5192
5213
5215
2.74
1.04
3.63
17.50
4.95
305.
215.
306.
500.
473.
50.
20.
20.
50.
50.
4583
4611
4635
4653
4665
2.92
1.41
3.34
2.79
7.59
261.
208.
276.
257.
500.
------
5221
5222
5223
5348
5402
6.40
8.93
4.95
5.93
10.67
500.
500.
473.
500.
500.
50.
50.
50.
50.
50.
------
4692
4693
4720
4740
4741
0.58
0.88
1.69
1.11
2.97
179.
190.
218.
198.
263.
------
5403
5437
5443
5445
5462
9.86
4.86
4.89
7.43
8.89
500.
470.
471.
500.
500.
50.
50.
50.
50.
50.
220.
255.
272.
187.
251.
------
4770b
4773c
4774d
4775e
4776f
8.84
17.02
14.47
16.56
12.36
500.
500.
500.
500.
500.
------
5472
5473
5474
5478
5479
8.98
11.70
5.22
4.80
7.98
500.
500.
483.
468.
500.
50.
50.
50.
50.
50.
1.91
4.59
3.47
1.42
1.05
226.
320.
280.
209.
196.
------
4777
4779g
4799h
4825
4828
2.92
10.93
29.55
0.67
1.13
261.
500.
500.
182.
199.
------
5480
5506
5507
5508D
5509
4.80
7.09
7.24
6.16
3.19
468.
500.
500.
500.
321.
50.
50.
50.
50.
50.
For Non-Ratable portion of Rate, refer to:
b 0770
d 0774
c
0773
e 0775
f
g
0776
0779
h
0799
CLASS
CODE
Exhibit 1
Page 3
MASSACHUSETTS WORKERS COMPENSATION
AND EMPLOYERS LIABILITY INSURANCE MANUAL
Original Printing
RATES
Page RA-3
Effective April 1, 2014
RATES
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
5538
5545
5547
5606
5610
5.31
31.79
15.85
1.66
5.57
486.
500.
500.
267.
495.
50.
50.
50.
50.
50.
5645
5651
5701
5703
5705
8.06
8.06
22.11
24.80
10.35
500.
500.
500.
500.
500.
6003
6005
6204
6217
6229
11.99
6.16
9.01
4.46
4.46
6233
6251D
6252D
6306
6319
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
7313F
7317F
7327F
7350F
7360
14.17
13.54
31.00
16.03
6.02
500.
500.
500.
500.
481.
----20.
50.
50.
50.
50.
50.
7370
7380
7382
7403
7405i
4.70
6.17
3.99
4.93
1.02
344.
486.
319.
352.
227.
500.
500.
500.
456.
456.
50.
50.
50.
50.
50.
7420
7421*
7422
7425
7431j
6.44
2.06
2.06
3.53
1.55
3.92
6.04
8.03
7.81
4.66
346.
500.
500.
500.
463.
50.
50.
50.
50.
50.
7445k
7453l
7502
7515
7520
6325
6400
6504
6801F
6811
4.49
6.55
2.19
11.51
9.18
457.
500.
236.
500.
500.
50.
50.
--20.
6824F
6826F
6834
6836
6843F
9.82
10.63
2.73
2.67
13.25
500.
500.
275.
272.
500.
6854
6872F
6874F
6882
6884
10.57
28.05
24.97
22.37
19.91
7133
7219
7230
7231
7309F
(a)
9.10
6.86
6.96
27.07
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
8032
8033
8034
8039
8044
1.52
1.93
3.74
1.45
3.52
232.
247.
310.
230.
302.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.
8046
8048
8050
8058
8103
2.37
2.94
1.57
2.58
2.97
262.
282.
234.
269.
283.
495.
251.
251.
303.
251.
20.
20.
20.
20.
20.
8105
8106
8107
8111
8116
4.46
6.96
3.57
3.00
3.57
0.34
0.51
3.44
2.33
3.46
.
.
299.
261.
300.
.
.
20.
20.
20.
8203
8204
8215
8227
8232
7538
7539
7580
7590
7600
5.53
1.30
2.71
5.69
3.54
494.
225.
274.
469.
303.
50.
20.
20.
20.
20.
--20.
20.
--
7601
7610
7704
7720
7855
5.53
0.20
1.98
1.90
5.72
494.
186.
248.
246.
500.
500.
500.
500.
500.
500.
20.
--20.
20.
8001
8002
8006
8008
8010
1.60
2.04
1.57
0.69
1.48
(a)
500.
500.
500.
500.
(a)
20.
20.
20.
--
8013
8017
8018
8021
8031
0.44
1.12
2.91
2.81
2.46
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
8720
8721
8726F
8742
8745
0.91
0.18
6.37
0.16
3.61
211.
185.
473.
185.
305.
20.
20.
-20.
20.
20.
20.
20.
20.
20.
8747
8748
8800
8803
8810
1.03
0.49
0.83
0.05
0.08
215.
196.
208.
181.
182.
20.
20.
20.
20.
20.
335.
500.
304.
284.
304.
20.
20.
20.
20.
20.
8820
8824
8826
8829
8831
0.09
1.58
1.58
2.07
1.10
182.
234.
234.
251.
218.
20.
20.
20.
20.
20.
5.62
4.89
3.23
4.03
4.75
467.
350.
292.
350.
345.
20.
20.
20.
50.
20.
8832
8833
8835
8837
8868
0.24
1.18
1.96
(a)
0.67
187.
220.
248.
(a)
202.
20.
20.
20.
(a)
20.
8233
8235
8263
8264
8265
7.89
4.17
6.26
5.13
7.89
500.
325.
489.
359.
500.
20.
20.
20.
20.
20.
8901
9014
9015
9016
9019
0.08
2.66
2.99
1.73
3.26
182.
272.
284.
240.
293.
20.
20.
20.
20.
20.
50.
20.
20.
20.
50.
8279
8291
8292
8293
8350
4.79
4.43
3.46
9.10
5.85
347.
334.
300.
500.
475.
20.
20.
20.
20.
20.
9033
9040
9052
9058
9060
4.19
2.64
1.58
1.58
1.01
326.
271.
234.
234.
214.
20.
20.
20.
20.
20.
235.
250.
234.
203.
231.
20.
20.
20.
20.
20.
8380
8381
8385
8392
8393
2.69
1.85
2.98
1.36
1.90
273.
244.
283.
227.
246.
20.
20.
20.
20.
20.
9061
9063
9077F
9079
9089
0.96
0.71
4.42
1.15
1.22
213.
204.
314.
219.
222.
20.
20.
-20.
20.
194.
218.
281.
277.
265.
20.
20.
20.
20.
20.
8500
8601
8709F
8710
8719
7.89
0.29
6.28
2.39
2.39
500.
189.
470.
263.
263.
20.
20.
-20.
20.
9093
9101
9102
9154
9156
1.17
3.34
2.47
1.32
1.20
220.
296.
265.
225.
221.
20.
20.
20.
20.
20.
*7421--A policy surcharge of $100 per passenger seat, subject to a maximum surcharge of $1,000 per aircraft, shall be charged
in addition to the premium otherwise determined under this classification. These surcharges shall not be cumulative in the event
of substitution of aircraft during the policy period; but these surcharges shall be cumulative in the event more than one aircraft is
owned or operated during the same policy period. These surcharges to employees other than members of flying crew are to be
reported under Code 0088.
For Non-Ratable portion of Rate, refer to:
i 7445
j 7453
Non-Ratable Code and Rate to be used with:
k 7405
l 7431
Exhibit 1
Page 4
MASSACHUSETTS WORKERS COMPENSATION
AND EMPLOYERS LIABILITY INSURANCE MANUAL
Original Printing
RATES
Page RA-4
Effective April 1, 2014
RATES
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
9178
9179
9180
9182
9186
15.91
25.37
4.38
3.71
4.38
500.
500.
332.
309.
332.
20.
20.
20.
20.
20.
9220
9402
9403
9410
3.28
5.40
8.54
2.13
294.
459.
500.
254.
20.
20.
20.
20.
9501
2.67
252.
--
9505
9519
9521
9522
9533
2.67
2.77
3.85
1.67
19.42
252.
276.
294.
217.
500.
-20.
--50.
9534
9545
9549
9552
9553
5.75
4.07
4.60
7.92
7.92
500.
351.
461.
500.
500.
50.
50.
50.
50.
50.
9586
9620
0.43
0.71
194.
204.
20.
20.
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
CLASS
CODE
RATE
MIN
PREM
LOSS
CONST
Exhibit 2
MASSACHUSETTS WORKERS COMPENSATION
AND EMPLOYERS LIABILITY INSURANCE MANUAL
RATES
Original Printing
Effective April 1, 2014
Page RA-5
_________________________________________________________________________________
MISCELLANEOUS VALUES
Basis of Premium applicable in accordance with the footnote instructions for Code 7370 - “Taxicab Co.”:
Employee operated vehicles ............................................................................................. $92,100.00‡
Leased or rented vehicles ................................................................................................. $61,400.00‡
Basis of Premium for Sole Proprietors and Partners of Legal Partnerships, Members of Limited
Liability Companies or Partners of Limited Liability Partnerships in accordance with Rule IX-B-3-a ........... $43,000.00‡
Minimum individual payroll for an executive officer per week............................................................ $200.00
Maximum individual payroll for an executive officer per week ........................................................ $1,000.00
Terrorism Insurance Program—Certified Loss: ............................................................................... 0.03
BENEFITS DEDUCTIBLE COVERAGE PROGRAM
Medical and Indemnity
Deductible Amount
$ 500
$1,000
$2,000
$2,500
$5,000
Premium Reduction
Percentage
2.2%
3.5%
5.3%
6.0%
8.9%
BENEFITS CLAIM AND AGGREGATE DEDUCTIBLE PROGRAM
Basis for the
Aggregate Limit
0 to $75,000
$75,001 to $100,000
$100,001 to $125,000
$125,001 to $150,000
$150,001 to $200,000
over $200,000
Claim
Deductible Amount
$2,500
$2,500
$2,500
$2,500
$2,500
$2,500
Aggregate
Deductible Amount
$10,000
$10,000
$10,000
$10,000
$10,000
5% of Basis for the
Aggregate Limit
Premium Reduction
Percentage
5.9%
5.8%
5.7%
5.6%
5.4%
5.0%
Expense Constant applicable in accordance with MA Manual Rule VI-E-2:
Policies which develop earned Standard Premium of less than $200 ............................................ $159.00
Policies which develop earned Standard Premium of at least $200 and less than $1,000 ................. $250.00
Policies which develop earned Standard Premium of $1,000 or more ........................................... $338.00
The expense constant for private residence per capita classifications is $64, up to a maximum of 4.
Premium Discount Percentages—(See MA Manual Rule VII). The following premium discounts are applicable to
Standard Premiums. Note: Premium Discount is not applicable to Assigned Risk policies.
First
Next
Next
Over
$ 10,000 ..............
190,000 ............
1,550,000 ..........
1,750,000 ..........
Type A Discount
0.0%
9.1%
11.3%
12.3%
Type B Discount
0.0%
5.1%
6.5%
7.5%
United States Longshore and Harbor Workers’ Compensation Coverage Percentage applicable only in
connection with Rule XII-D-3 “U.S. Longshore and Harbor Workers’ Compensation Act” of the MA Manual ............ 25.4%
(Multiply a Non-F classification rate by a factor of 1.254)
EXPERIENCE RATING ELIGIBILITY
A risk is eligible for intrastate experience rating when the payrolls or other exposures developed in the last year
or last two years of the experience period produced a premium of at least $11,000. If more than two years, an
average annual premium of at least $5,500 is required. The Experience Rating Plan Manual should be referenced
for the latest eligibility amounts by state.
‡
Effective October 1, 2013
Exhibit 3
Page 1
RETROSPECTIVE RATING PLAN MANUAL
STATE SPECIAL RATING VALUES
MASSACHUSETTS
RR1
Original Printing
Effective April 1, 2014
1.
Hazard Group Differentials
A
B
C
2.03
1.60
1.37
2.
D
1.22
E
1.02
F
0.82
Tax Multipliers
a. State (non-F Classes)
G
0.63
b. Federal Classes, or non-F classes
where rate is increased by the
USL&HW Act Percentage
* Includes -0.15% residual market subsidy provision
and 0.19% insolvency fund assessment provision
3.
Expected Loss Ratio
0.635
4.
Allocated Loss Adjustment
Expense Option (ALAE Option)
Loss Conversion Factor
1.083
Expected Loss and Allocated Expense Ratio
0.698
5.
Loss Conversion Factor
1.192
Table of Expense Ratios Excluding Taxes
and Including Profit and Contingencies
Type A Company
Type B Company
Massachusetts
Massachusetts
Effective April 1, 2014
Effective April 1, 2014
6.
2013—Table of Expected Loss Ranges
April 1, 2014
Table of Expense Ratios Excluding Allocated
Loss Adjustment Expense and Taxes
and Including Profit and Contingencies
Type A Company
Type B Company
Massachusetts
Massachusetts
Effective April 1, 2014
Effective April 1, 2014
7a.
Excess Loss Factors
(Applicable to New and Renewal Policies)
Per Accident
Limitation
$25,000
30,000
35,000
40,000
50,000
75,000
100,000
125,000
150,000
175,000
200,000
250,000
300,000
500,000
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
A
0.384
0.365
0.348
0.332
0.305
0.254
0.216
0.188
0.165
0.146
0.130
0.106
0.089
0.051
0.023
0.010
0.006
0.004
0.003
B
0.410
0.392
0.375
0.360
0.334
0.282
0.243
0.211
0.186
0.165
0.147
0.120
0.100
0.058
0.026
0.011
0.007
0.005
0.004
Hazard Groups
C
D
E
0.435
0.458
0.479
0.418
0.442
0.464
0.402
0.429
0.450
0.388
0.416
0.438
0.363
0.393
0.415
0.312
0.347
0.370
0.273
0.310
0.333
0.241
0.279
0.301
0.215
0.253
0.273
0.193
0.231
0.249
0.174
0.211
0.228
0.145
0.179
0.194
0.122
0.154
0.167
0.073
0.096
0.104
0.034
0.046
0.050
0.015
0.021
0.023
0.009
0.013
0.014
0.006
0.009
0.010
0.005
0.007
0.007
F
0.509
0.495
0.483
0.471
0.449
0.404
0.366
0.333
0.304
0.278
0.256
0.218
0.189
0.119
0.058
0.026
0.016
0.011
0.009
G
0.545
0.534
0.525
0.516
0.500
0.463
0.432
0.405
0.380
0.358
0.337
0.302
0.272
0.190
0.102
0.050
0.032
0.023
0.017
Contains copyrighted material of the Workers' Compensation Rating and Inspection Bureau of Massachusetts. ©2014 used with its permission.
1.029*
1.079*
Exhibit 3
Page 2
MASSACHUSETTS
RR2
Original Printing
RETROSPECTIVE RATING PLAN MANUAL
STATE SPECIAL RATING VALUES
Effective April 1, 2014
7b.
ALAE Option Excess Loss and Allocated Loss Adjustment Expense Factors
(Applicable to New and Renewal Policies)
Per Accident
Limitation
$25,000
30,000
35,000
40,000
50,000
75,000
100,000
125,000
150,000
175,000
200,000
250,000
300,000
500,000
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
8.
B
0.474
0.454
0.436
0.420
0.391
0.333
0.289
0.254
0.225
0.201
0.181
0.149
0.125
0.073
0.033
0.015
0.009
0.006
0.005
Hazard Groups
C
D
E
0.502
0.527
0.550
0.483
0.510
0.533
0.466
0.495
0.519
0.450
0.481
0.505
0.423
0.456
0.481
0.367
0.405
0.431
0.324
0.365
0.391
0.289
0.331
0.356
0.259
0.302
0.326
0.234
0.277
0.299
0.212
0.255
0.275
0.178
0.218
0.236
0.151
0.189
0.205
0.091
0.119
0.129
0.043
0.058
0.063
0.019
0.026
0.029
0.012
0.016
0.018
0.008
0.011
0.012
0.006
0.009
0.009
F
0.584
0.569
0.555
0.542
0.519
0.470
0.429
0.393
0.361
0.333
0.307
0.265
0.231
0.147
0.072
0.033
0.021
0.015
0.011
G
0.622
0.610
0.600
0.591
0.573
0.535
0.501
0.471
0.445
0.421
0.398
0.359
0.325
0.231
0.126
0.062
0.040
0.029
0.022
Retrospective Development Factors
With Loss Limit
1st
2nd
3rd
Adj.
Adj.
Adj.
0.11
0.07
0.05
9.
A
0.445
0.424
0.405
0.388
0.358
0.301
0.259
0.226
0.200
0.178
0.160
0.132
0.110
0.064
0.029
0.013
0.008
0.005
0.004
Without Loss Limit
1st
2nd
3rd
Adj.
Adj.
Adj.
0.14
0.09
0.06
4th & Subsequent
Adj.
0.00
State Special Classifications by Hazard Group
All Massachusetts Hazard Group assignments can be found in Appendix G of the 2008 Edition of the Massachusetts Workers'
Compensation & Employers Liability Insurance Manual.
Contains copyrighted material of the Workers' Compensation Rating and Inspection Bureau of Massachusetts. ©2014 used with its permission.
Exhibit 3
Page 3
MASSACHUSETTS
Retrospective Rating Plan Manual - 2009 Edition
Page 5
TABLE OF EXPENSE RATIOS—EXCLUDING TAXES AND INCLUDING PROFIT AND
CONTINGENCIES - TYPE A COMPANY - MASSACHUSETTS Effective 01 Apr 2014
Standard
Premium
Expense
Ratio
Standard
Premium
Expense
Ratio
Standard
Premium
Expense
Ratio
0
10,058
10,174
10,292
10,413
-
10,057
10,173
10,291
10,412
10,536
0.337
0.336
0.335
0.334
0.333
18,073
18,450
18,843
19,253
19,682
-
18,449
18,842
19,252
19,681
20,129
0.297
0.296
0.295
0.294
0.293
98,973
111,445
127,514
148,998
179,188
-
111,444
127,513
148,997
179,187
203,843
0.257
0.256
0.255
0.254
0.253
10,537
10,664
10,794
10,928
11,064
-
10,663
10,793
10,927
11,063
11,204
0.332
0.331
0.330
0.329
0.328
20,130
20,598
21,089
21,605
22,146
-
20,597
21,088
21,604
22,145
22,713
0.292
0.291
0.290
0.289
0.288
203,844
212,227
221,329
231,248
242,096
-
212,226
221,328
231,247
242,095
254,012
0.252
0.251
0.250
0.249
0.248
11,205
11,348
11,496
11,647
11,803
-
11,347
11,495
11,646
11,802
11,961
0.327
0.326
0.325
0.324
0.323
22,714
23,313
23,944
24,611
25,315
-
23,312
23,943
24,610
25,314
26,060
0.287
0.286
0.285
0.284
0.283
254,013
267,164
281,751
298,023
316,289
-
267,163
281,750
298,022
316,288
336,940
0.247
0.246
0.245
0.244
0.243
11,962
12,126
12,295
12,468
12,646
-
12,125
12,294
12,467
12,645
12,829
0.322
0.321
0.320
0.319
0.318
26,061
26,852
27,693
28,588
29,543
-
26,851
27,692
28,587
29,542
30,563
0.282
0.281
0.280
0.279
0.278
336,941
360,478
387,550
419,019
456,049
-
360,477
387,549
419,018
456,048
500,259
0.242
0.241
0.240
0.239
0.238
12,830
13,019
13,213
13,413
13,620
-
13,018
13,212
13,412
13,619
13,832
0.317
0.316
0.315
0.314
0.313
30,564
31,658
32,833
34,099
35,467
-
31,657
32,832
34,098
35,466
36,948
0.277
0.276
0.275
0.274
0.273
500,260
553,963
620,582
705,414
817,113
-
553,962
620,581
705,413
817,112
970,838
0.237
0.236
0.235
0.234
0.233
13,833
14,053
14,280
14,514
14,756
-
14,052
14,279
14,513
14,755
15,005
0.312
0.311
0.310
0.309
0.308
36,949
38,560
40,317
42,243
44,362
-
38,559
40,316
42,242
44,361
46,704
0.272
0.271
0.270
0.269
0.268
970,839
1,195,812
1,556,501
1,842,117
2,009,073
-
1,195,811
1,556,500
1,842,116
2,009,072
2,209,308
0.232
0.231
0.230
0.229
0.228
15,006
15,265
15,534
15,811
16,099
-
15,264
15,533
15,810
16,098
16,397
0.307
0.306
0.305
0.304
0.303
46,705
49,309
52,220
55,497
59,213
-
49,308
52,219
55,496
59,212
63,461
0.267
0.266
0.265
0.264
0.263
2,209,309
2,453,877
2,759,331
3,151,642
3,673,996
-
2,453,876
2,759,330
3,151,641
3,673,995
4,403,900
0.227
0.226
0.225
0.224
0.223
16,398
16,707
17,029
17,363
17,711
-
16,706
17,028
17,362
17,710
18,072
0.302
0.301
0.300
0.299
0.298
63,462
68,368
74,096
80,872
89,012
-
68,367
74,095
80,871
89,011
98,972
0.262
0.261
0.260
0.259
0.258
4,403,901
5,495,724
7,307,385
10,900,837
21,448,050
-
5,495,723
7,307,384
10,900,836
21,448,049
OVER
0.222
0.221
0.220
0.219
0.218
Note: Above table based on the following discounts:
Standard Premium
First
10,000
Next
190,000
Next
1,550,000
Over
1,750,000
Discount
0.0%
9.1%
11.3%
12.3%
Contains copyrighted material of the Workers' Compensation Rating and Inspection Bureau of Massachusetts. ©2014 used with its permission.
Exhibit 3
Page 4
Retrospective Rating Plan Manual - 2009 Edition
MASSACHUSETTS
Page 6
TABLE OF EXPENSE RATIOS—EXCLUDING TAXES AND INCLUDING PROFIT AND
CONTINGENCIES - TYPE B COMPANY - MASSACHUSETTS Effective 01 Apr 2014
Standard
Premium
0
10,103
10,313
10,532
10,761
11,000
11,249
11,510
11,784
12,071
12,372
12,689
13,022
13,374
13,744
14,136
14,551
14,992
15,459
15,957
16,487
17,055
17,662
18,315
19,018
-
10,102
10,312
10,531
10,760
10,999
11,248
11,509
11,783
12,070
12,371
12,688
13,021
13,373
13,743
14,135
14,550
14,991
15,458
15,956
16,486
17,054
17,661
18,314
19,017
19,775
Expense
Ratio
0.337
0.336
0.335
0.334
0.333
0.332
0.331
0.330
0.329
0.328
0.327
0.326
0.325
0.324
0.323
0.322
0.321
0.320
0.319
0.318
0.317
0.316
0.315
0.314
0.313
Standard
Premium
19,776
20,598
21,491
22,465
23,532
24,705
26,001
27,440
29,048
30,857
32,905
35,245
37,943
41,089
44,803
49,255
54,690
61,473
70,176
81,751
97,899
121,996
161,829
205,304
219,301
-
20,597
21,490
22,464
23,531
24,704
26,000
27,439
29,047
30,856
32,904
35,244
37,942
41,088
44,802
49,254
54,689
61,472
70,175
81,750
97,898
121,995
161,828
205,303
219,300
235,344
Expense
Ratio
0.312
0.311
0.310
0.309
0.308
0.307
0.306
0.305
0.304
0.303
0.302
0.301
0.300
0.299
0.298
0.297
0.296
0.295
0.294
0.293
0.292
0.291
0.290
0.289
0.288
Standard
Premium
235,345
253,923
275,685
301,527
332,714
371,098
419,493
482,403
567,511
689,082
876,938
1,205,610
1,776,129
1,947,136
2,154,580
2,411,496
2,737,979
3,166,706
3,754,624
4,610,614
5,972,163
8,474,853
14,588,154
-
253,922
275,684
301,526
332,713
371,097
419,492
482,402
567,510
689,081
876,937
1,205,609
1,776,128
1,947,135
2,154,579
2,411,495
2,737,978
3,166,705
3,754,623
4,610,613
5,972,162
8,474,852
14,588,153
OVER
Note: Above table based on the following discounts:
Standard Premium
First
10,000
Next
190,000
Next
1,550,000
Over
1,750,000
Discount
0.0%
5.1%
6.5%
7.5%
Contains copyrighted material of the Workers' Compensation Rating and Inspection Bureau of Massachusetts. ©2014 used with its permission.
Expense
Ratio
0.287
0.286
0.285
0.284
0.283
0.282
0.281
0.280
0.279
0.278
0.277
0.276
0.275
0.274
0.273
0.272
0.271
0.270
0.269
0.268
0.267
0.266
0.265
Exhibit 3
Page 5
MASSACHUSETTS
Retrospective Rating Plan Manual - 2009 Edition
Page 7
TABLE OF EXPENSE RATIOS—EXCLUDING ALLOCATED LOSS ADJUSTMENT EXPENSE AND
TAXES AND INCLUDING PROFIT AND CONTINGENCIES - TYPE A COMPANY - MASSACHUSETTS
Effective 01 Apr 2014
Standard
Premium
Expense
Ratio
Standard
Premium
Expense
Ratio
Standard
Premium
Expense
Ratio
0
10,058
10,174
10,292
10,413
-
10,057
10,173
10,291
10,412
10,536
0.274
0.273
0.272
0.271
0.270
18073
18,450
18,843
19,253
19,682
-
18,449
18,842
19,252
19,681
20,129
0.234
0.233
0.232
0.231
0.230
98973
111,445
127,514
148,998
179,188
-
111,444
127,513
148,997
179,187
203,843
0.194
0.193
0.192
0.191
0.190
10,537
10,664
10,794
10,928
11,064
-
10,663
10,793
10,927
11,063
11,204
0.269
0.268
0.267
0.266
0.265
20,130
20,598
21,089
21,605
22,146
-
20,597
21,088
21,604
22,145
22,713
0.229
0.228
0.227
0.226
0.225
203,844
212,227
221,329
231,248
242,096
-
212,226
221,328
231,247
242,095
254,012
0.189
0.188
0.187
0.186
0.185
11,205
11,348
11,496
11,647
11,803
-
11,347
11,495
11,646
11,802
11,961
0.264
0.263
0.262
0.261
0.260
22,714
23,313
23,944
24,611
25,315
-
23,312
23,943
24,610
25,314
26,060
0.224
0.223
0.222
0.221
0.220
254,013
267,164
281,751
298,023
316,289
-
267,163
281,750
298,022
316,288
336,940
0.184
0.183
0.182
0.181
0.180
11,962
12,126
12,295
12,468
12,646
-
12,125
12,294
12,467
12,645
12,829
0.259
0.258
0.257
0.256
0.255
26,061
26,852
27,693
28,588
29,543
-
26,851
27,692
28,587
29,542
30,563
0.219
0.218
0.217
0.216
0.215
336,941
360,478
387,550
419,019
456,049
-
360,477
387,549
419,018
456,048
500,259
0.179
0.178
0.177
0.176
0.175
12,830
13,019
13,213
13,413
13,620
-
13,018
13,212
13,412
13,619
13,832
0.254
0.253
0.252
0.251
0.250
30,564
31,658
32,833
34,099
35,467
-
31,657
32,832
34,098
35,466
36,948
0.214
0.213
0.212
0.211
0.210
500,260
553,963
620,582
705,414
817,113
-
553,962
620,581
705,413
817,112
970,838
0.174
0.173
0.172
0.171
0.170
13,833
14,053
14,280
14,514
14,756
-
14,052
14,279
14,513
14,755
15,005
0.249
0.248
0.247
0.246
0.245
36,949
38,560
40,317
42,243
44,362
-
38,559
40,316
42,242
44,361
46,704
0.209
0.208
0.207
0.206
0.205
970,839
1,195,812
1,556,501
1,842,117
2,009,073
-
1,195,811
1,556,500
1,842,116
2,009,072
2,209,308
0.169
0.168
0.167
0.166
0.165
15,006
15,265
15,534
15,811
16,099
-
15,264
15,533
15,810
16,098
16,397
0.244
0.243
0.242
0.241
0.240
46,705
49,309
52,220
55,497
59,213
-
49,308
52,219
55,496
59,212
63,461
0.204
0.203
0.202
0.201
0.200
2,209,309
2,453,877
2,759,331
3,151,642
3,673,996
-
2,453,876
2,759,330
3,151,641
3,673,995
4,403,900
0.164
0.163
0.162
0.161
0.160
16,398
16,707
17,029
17,363
17,711
-
16,706
17,028
17,362
17,710
18,072
0.239
0.238
0.237
0.236
0.235
63,462
68,368
74,096
80,872
89,012
-
68,367
74,095
80,871
89,011
98,972
0.199
0.198
0.197
0.196
0.195
4,403,901
5,495,724
7,307,385
10,900,837
21,448,050
- 5,495,723
- 7,307,384
- 10,900,836
- 21,448,049
OVER
0.159
0.158
0.157
0.156
0.155
Note: Above table based on the following discounts:
Standard Premium
First
10,000
Next
190,000
Next
1,550,000
Over
1,750,000
Discount
0.0%
9.1%
11.3%
12.3%
Contains copyrighted material of the Workers' Compensation Rating and Inspection Bureau of Massachusetts. ©2014 used with its permission.
Exhibit 3
Page 6
MASSACHUSETTS
Retrospective Rating Plan Manual - 2009 Edition
Page 8
TABLE OF EXPENSE RATIOS—EXCLUDING ALLOCATED LOSS ADJUSTMENT EXPENSE AND
TAXES AND INCLUDING PROFIT AND CONTINGENCIES - TYPE B COMPANY - MASSACHUSETTS
Effective 01 Apr 2014
Standard
Premium
Expense
Ratio
Standard
Premium
Expense
Ratio
Standard
Premium
Expense
Ratio
0
10,103
10,313
10,532
10,761
-
10,102
10,312
10,531
10,760
10,999
0.274
0.273
0.272
0.271
0.270
19,776
20,598
21,491
22,465
23,532
-
20,597
21,490
22,464
23,531
24,704
0.249
0.248
0.247
0.246
0.245
235,345
253,923
275,685
301,527
332,714
-
253,922
275,684
301,526
332,713
371,097
0.224
0.223
0.222
0.221
0.220
11,000
11,249
11,510
11,784
12,071
-
11,248
11,509
11,783
12,070
12,371
0.269
0.268
0.267
0.266
0.265
24,705
26,001
27,440
29,048
30,857
-
26,000
27,439
29,047
30,856
32,904
0.244
0.243
0.242
0.241
0.240
371,098
419,493
482,403
567,511
689,082
-
419,492
482,402
567,510
689,081
876,937
0.219
0.218
0.217
0.216
0.215
12,372
12,689
13,022
13,374
13,744
-
12,688
13,021
13,373
13,743
14,135
0.264
0.263
0.262
0.261
0.260
32,905
35,245
37,943
41,089
44,803
-
35,244
37,942
41,088
44,802
49,254
0.239
0.238
0.237
0.236
0.235
876,938
1,205,610
1,776,129
1,947,136
2,154,580
-
1,205,609
1,776,128
1,947,135
2,154,579
2,411,495
0.214
0.213
0.212
0.211
0.210
14,136
14,551
14,992
15,459
15,957
-
14,550
14,991
15,458
15,956
16,486
0.259
0.258
0.257
0.256
0.255
49,255
54,690
61,473
70,176
81,751
-
54,689
61,472
70,175
81,750
97,898
0.234
0.233
0.232
0.231
0.230
2,411,496
2,737,979
3,166,706
3,754,624
4,610,614
-
2,737,978
3,166,705
3,754,623
4,610,613
5,972,162
0.209
0.208
0.207
0.206
0.205
16,487
17,055
17,662
18,315
19,018
-
17,054
17,661
18,314
19,017
19,775
0.254
0.253
0.252
0.251
0.250
97,899
121,996
161,829
205,304
219,301
-
121,995
161,828
205,303
219,300
235,344
0.229
0.228
0.227
0.226
0.225
5,972,163 8,474,853 14,588,154 -
8,474,852
14,588,153
OVER
0.204
0.203
0.202
Note: Above table based on the following discounts:
Standard Premium
First
10,000
Next
190,000
Next
1,550,000
Over
1,750,000
Discount
0.0%
5.1%
6.5%
7.5%
Contains copyrighted material of the Workers' Compensation Rating and Inspection Bureau of Massachusetts. ©2014 used with its permission.
Exhibit 4
Page 1
EXPERIENCE RATING PLAN MANUAL
MASSACHUSETTS
Page 1
Original Printing
Effective April 1, 2014
TABLE OF EXPECTED LOSS RATES AND DISCOUNT RATIOS
EXP
LOSS
RATE
DISC
RATIO
EXP
LOSS
RATE
DISC
RATIO
EXP
LOSS
RATE
DISC
RATIO
0005
0008
0016
0034
0035
1.19
1.15
1.61
1.75
1.00
.20
.20
.20
.21
.20
2014
2021
2039
2041
2070
1.39
1.36
1.18
1.08
1.70
.19
.19
.19
.19
.19
2702
2710
2731
2741
2747
5.85
2.61
1.70
2.72
3.48
.18
.20
.19
.18
.19
0036
0037
0042
0046
0050
1.75
1.15
1.93
1.17
2.73
.21
.20
.20
.20
.17
2081
2089
2095
2101
2105
1.56
1.00
1.70
1.06
(a)
.21
.19
.19
.19
(a)
2790
2802
2835
2836
2841
0.95
1.85
1.00
1.44
1.66
0059D
0065D
0066D
0067D
0079
.
.
.
.
1.08
.
.
.
.
.20
2111
2114
2115
2121
2130
1.11
1.06
1.39
0.86
1.07
.19
.19
.20
.19
.19
2883
2923
2942
3018
3022
0083
0106
0113
0170
0251
2.32
6.38
1.75
1.75
1.58
.22
.21
.21
.21
.19
2131
2143
2150
2156
2157
0.94
1.30
2.38
3.15
2.28
.19
.20
.19
.18
.19
0770
0773
0774
0775
0776
.
.
.
.
.
.
.
.
.
.
2172
2174
2211
2220
2260
0.85
1.91
2.30
1.42
2.45
0779
0799
0908
0909
0912
.
.
38.75
71.42
142.84
.
.
.19
.23
.23
2286
2288
2302
2305
2362
0913
0917
0918
1430
1438
77.51
1.35
0.30
4.27
1.21
.19
.20
.16
.17
.19
1463
1624D
1655
1701
1710D
3.34
2.16
2.28
1.76
2.23
1747
1748
1852
1853
1860
1924
1925
2001
2002
2003
CLASS
CODE
EXP
LOSS
RATE
DISC
RATIO
3257
3270
3300
3305
3315
1.22
1.01
2.84
(a)
1.40
.18
.19
.19
(a)
.19
.20
.19
.19
.18
.18
3336
3365
3372
3373
3381
1.31
3.62
1.03
1.77
1.35
1.46
0.84
1.01
1.26
1.65
.19
.19
.20
.18
.20
3383
3385
3400
3507
3515
3027
3028
3030
3040
3041
1.73
1.73
3.02
2.93
1.94
.19
.19
.20
.19
.19
.17
.18
.20
.20
.18
3042
3064
3066
3076
3081D
2.38
1.20
1.20
1.12
2.99
1.50
1.13
1.42
1.02
0.95
.20
.19
.20
.18
.20
3082D
3085D
3110
3111
3113
2380
2402
2413
2416
2417
1.16
1.11
1.42
1.30
1.44
.19
.19
.19
.19
.18
.18
.18
.19
.18
.18
2501
2503
2534
2570
2576
0.95
0.47
1.00
2.07
1.36
1.48
1.20
2.42
0.73
1.11
.19
.19
.16
.17
.19
2578
2585
2586
2587
2623
1.11
1.79
1.56
1.57
1.48
.19
.19
.20
.20
.20
2640
2651
2660
2683
2688
CLASS
CODE
EXP
LOSS
RATE
DISC
RATIO
4112
4113
4114
4130
4133
0.28
0.82
1.07
2.04
0.85
.19
.19
.18
.19
.19
.18
.18
.20
.19
.19
4150
4239
4243
4244
4250
0.46
1.26
1.40
1.55
0.86
0.59
0.37
1.78
1.35
1.16
.19
.19
.19
.20
.19
4251
4273
4279
4282
4283
3548
3558
3559
3571
3574
0.78
0.31
0.78
0.52
0.82
.19
.21
.19
.19
.19
.17
.19
.19
.20
.19
3612
3620
3629
3632
3634
0.81
2.33
0.82
0.80
0.80
2.99
1.79
3.35
1.03
0.88
.19
.19
.19
.20
.18
3635
3638
3642
3643
3647
3114
3118
3119
3120
3122
1.44
0.92
0.46
0.87
1.10
.19
.18
.20
.17
.19
.19
.20
.19
.19
.18
3127
3131
3132
3145
3146
0.36
0.85
1.35
0.78
0.84
1.29
1.47
0.68
1.31
1.78
.18
.20
.18
.20
.18
3169
3179
3180
3188
3200
1.01
1.03
0.87
0.90
1.17
.19
.19
.20
.19
.19
3220
3223
3227
3241
3255
CLASS
CODE
EXP
LOSS
RATE
DISC
RATIO
4770
4773
4774
4775
4776
3.73
7.53
6.25
7.07
5.41
.14
.14
.14
.19
.13
.18
.19
.19
.20
.19
4777
4779
4799
4825
4828
1.07
4.72
13.74
0.28
0.53
.18
.15
.14
.20
.18
0.79
1.25
1.48
0.38
1.20
.19
.19
.19
.19
.19
4829
4902
4923
5020
5022
0.46
0.95
0.53
2.34
3.83
.18
.20
.19
.17
.18
4299
4301
4304
4307
4308
0.92
2.21
1.63
0.73
0.51
.18
.19
.19
.19
.14
5037
5040
5057
5059
5069
7.76
19.74
10.90
10.90
10.90
.17
.17
.19
.19
.19
.19
.21
.19
.19
.19
4350
4351
4352
4360
4361
0.26
0.44
0.48
0.56
0.25
.18
.17
.20
.19
.20
5102
5146
5160
5183
5188
2.50
2.21
1.53
1.31
1.71
.17
.19
.18
.18
.18
1.56
0.82
0.47
0.68
1.16
.21
.19
.18
.18
.19
4362
4410
4417
4432
4439
0.29
1.85
2.26
0.58
1.13
.19
.19
.19
.19
.20
5190
5191
5192
5213
5215
1.11
0.47
1.66
6.85
2.25
.18
.19
.19
.18
.18
3648
3681
3685
3724
3726
0.74
0.34
0.34
1.99
5.09
.20
.19
.19
.18
.17
4452
4459
4470
4484
4493
1.43
1.24
1.17
1.00
1.35
.19
.20
.18
.19
.20
5221
5222
5223
5348
5402
2.58
3.49
2.00
2.39
4.98
.18
.18
.18
.17
.19
.20
.19
.20
.19
.19
3807
3808
3821
3826
3830
1.82
1.59
2.08
1.23
0.80
.19
.18
.20
.19
.19
4511
4512
4557
4558
4561
0.15
0.06
0.79
0.72
1.24
.19
.20
.19
.19
.20
5403
5437
5443
5445
5462
3.86
1.96
2.17
2.91
3.59
.18
.18
.18
.17
.17
1.73
0.71
1.22
1.44
1.27
.19
.18
.19
.19
.20
3841
4000
4021
4024
4034
0.73
1.78
1.59
1.16
2.15
.20
.18
.19
.19
.20
4583
4611
4635
4653
4665
1.18
0.68
1.23
1.34
3.16
.18
.19
.20
.19
.19
5472
5473
5474
5478
5479
3.19
4.16
2.04
1.94
3.63
.17
.19
.18
.17
.20
1.01
(a)
1.82
1.05
1.56
.19
(a)
.19
.19
.19
4036
4038
4053
4061
4062
1.05
1.10
0.82
1.28
1.21
.17
.19
.19
.20
.20
4692
4693
4720
4740
4741
0.28
0.40
0.77
0.46
1.36
.17
.19
.19
.18
.18
5480
5506
5507
5508D
5509
1.88
2.52
2.83
2.49
1.25
.17
.18
.18
.17
.18
CLASS
CODE
CLASS
CODE
(a)
Expected Loss Rates and Discount Ratios for each individual risk must be obtained by Home Office from the MA Bureau.
D
Supplement Disease Loading.
CLASS
CODE
Contains copyrighted material of the Workers’ Compensation Rating and Inspection Bureau of Massachusetts. © 2014 used with its permission.
Exhibit 4
Page 2
MASSACHUSETTS
Page 2
Original Printing
EXPERIENCE RATING PLAN MANUAL
Effective April 1, 2014
TABLE OF EXPECTED LOSS RATES AND DISCOUNT RATIOS
EXP
LOSS
RATE
DISC
RATIO
EXP
LOSS
RATE
DISC
RATIO
EXP
LOSS
RATE
DISC
RATIO
CLASS
CODE
EXP
LOSS
RATE
DISC
RATIO
5538
5545
5547
5606
5610
2.14
11.31
5.64
0.65
2.47
.18
.19
.19
.18
.17
7420
7421
7422
7425
7431
2.37
0.83
0.76
1.30
0.76
.15
.17
.17
.16
.17
8233
8235
8263
8264
8265
3.29
1.91
2.94
2.14
3.19
.19
.19
.19
.18
.19
9061
9063
9077F
9079
9089
0.50
0.34
1.80
0.59
0.59
.20
.21
.22
.20
.20
5645
5651
5701
5703
5705
3.15
3.15
7.87
10.00
4.18
.19
.19
.20
.17
.19
7445
7453
7502
7515
7520
.
.
1.43
0.85
1.58
.
.
.19
.21
.19
8279
8291
8292
8293
8350
1.94
2.08
1.58
3.79
2.36
.21
.19
.19
.20
.18
9093
9101
9102
9154
9156
0.57
1.61
1.13
0.60
0.56
.21
.20
.20
.19
.20
6003
6005
6204
6217
6229
4.84
2.49
3.53
1.74
1.74
.17
.17
.17
.18
.18
7538
7539
7580
7590
7600
1.97
0.52
1.13
2.67
1.48
.18
.18
.19
.18
.18
8380
8381
8385
8392
8393
1.26
0.87
1.24
0.62
0.87
.19
.21
.18
.19
.18
9178
9179
9180
9182
9186
8.20
12.24
1.82
1.70
1.77
.24
.18
.21
.23
.21
6233
6251D
6252D
6306
6319
1.53
2.36
2.86
3.05
1.82
.17
.16
.18
.18
.19
7601
7610
7704
7720
7855
2.16
0.09
0.80
0.79
2.31
.18
.18
.20
.19
.17
8500
8601
8709F
8710
8719
3.29
0.13
2.11
1.00
0.88
.19
.19
.21
.19
.19
9220
9402
9403
9410
9501
1.54
2.25
3.45
0.98
1.25
.19
.18
.18
.21
.21
6325
6400
6504
6801F
6811
1.76
2.98
1.06
4.33
3.66
.19
.18
.19
.21
.21
8001
8002
8006
8008
8010
0.77
0.93
0.72
0.34
0.72
.20
.20
.20
.19
.20
8720
8721
8726F
8742
8745
0.38
0.08
2.39
0.07
1.69
.19
.23
.22
.19
.19
9505
9519
9521
9522
9533
1.25
1.16
1.60
0.76
7.60
.21
.19
.18
.18
.16
6824F
6826F
6834
6836
6843F
3.57
3.99
1.28
1.11
4.45
.21
.21
.18
.19
.18
8013
8017
8018
8021
8031
0.20
0.54
1.40
1.28
1.12
.20
.20
.19
.19
.19
8747
8748
8800
8803
8810
0.50
0.23
0.43
0.02
0.04
.20
.19
.20
.19
.20
9534
9545
9549
9552
9553
2.25
1.70
1.92
3.30
3.20
.18
.18
.19
.17
.17
6854
6872F
6874F
6882
6884
3.76
9.43
8.39
7.97
7.09
.18
.20
.19
.20
.19
8032
8033
8034
8039
8044
0.73
0.88
1.71
0.70
1.65
.19
.19
.19
.20
.21
8820
8824
8826
8829
8831
0.04
0.76
0.76
0.95
0.50
.19
.19
.19
.19
.22
9586
9620
0.22
0.33
.19
.19
7133
7219
7230
7231
7309F
(a)
3.68
3.22
3.27
9.10
(a)
.18
.18
.18
.20
8046
8048
8050
8058
8103
1.08
1.42
0.76
1.18
1.39
.20
.19
.20
.20
.19
8832
8833
8835
8837
8868
0.11
0.54
0.90
(a)
0.32
.19
.19
.18
(a)
.20
7313F
7317F
7327F
7350F
7360
4.76
4.55
10.42
5.82
2.51
.15
.17
.20
.20
.18
8105
8106
8107
8111
8116
2.15
2.90
1.49
1.37
1.63
.19
.20
.19
.20
.19
8901
9014
9015
9016
9019
0.04
1.18
1.37
0.79
1.36
.20
.19
.19
.21
.17
7370
7380
7382
7403
7405
2.15
2.90
1.82
2.05
0.57
.19
.19
.19
.20
.19
8203
8204
8215
8227
8232
2.57
2.04
1.34
1.43
1.98
.20
.18
.19
.19
.19
9033
9040
9052
9058
9060
1.92
1.28
0.76
0.81
0.49
.18
.19
.19
.19
.20
CLASS
CODE
CLASS
CODE
CLASS
CODE
CLASS
CODE
EXP
LOSS
RATE
(a)
Expected Loss Rates and Discount Ratios for each individual risk must be obtained by Home Office from the MA Bureau.
F
Expected Loss Rates and Discount Ratios for risks covered under the United States Longshore and Harbor Workers'
Compensation Act.
D
Supplement Disease Loading.
DISC
RATIO
CLASS
CODE
EXP
LOSS
RATE
DISC
RATIO
Contains copyrighted material of the Workers’ Compensation Rating and Inspection Bureau of Massachusetts. © 2014 used with its permission.
Exhibit 5
EXPERIENCE RATING PLAN MANUAL
PART FIVE
Effective September 1, 2003
MASSACHUSETTS
Page 3
3rd Reprint
TABLE OF WEIGHTING VALUES
Expected
Weighting
Losses
Values
0 – 1,465
.04
1,466 – 5,925
.05
5,926 – 10,481
.06
10,482 – 43,009
.07
43,010 – 62,608
.08
Expected
Weighting
Values
Losses
414,704 – 447,441
.24
447,442 – 481,918
.25
481,919 – 518,279
.26
518,280 – 556,688
.27
556,689 – 597,322
.28
62,609 –
81,299 –
100,031 –
119,131 –
138,767 –
81,298
100,030
119,130
138,766
159,046
.09
.10
.11
.12
.13
597,323
640,386
686,102
734,726
786,548
159,047 –
180,059 –
201,879 –
224,579 –
248,232 –
180,058
201,878
224,578
248,231
272,911
.14
.15
.16
.17
.18
272,912 –
298,699 –
325,676 –
353,935 –
383,575 –
298,698
325,675
353,934
383,574
414,703
.19
.20
.21
.22
.23
–
–
–
–
–
640,385
686,101
734,725
786,547
841,893
.29
.30
.31
.32
.33
841,894
901,137
964,706
1,033,093
1,106,870
– 901,136
– 964,705
– 1,033,092
– 1,106,869
– 1,186,699
.34
.35
.36
.37
.38
1,186,700
1,273,361
1,367,770
1,471,016
1,584,401
–
–
–
–
–
.39
.40
.41
.42
.43
1,273,360
1,367,769
1,471,015
1,584,400
1,709,497
Expected
Losses
1,709,498 – 1,848,219
1,848,220 – 2,002,922
2,002,923 – 2,176,537
2,176,538 – 2,372,758
2,372,759 – 2,596,311
–
2,596,312 – 2,853,332
2,853,333 – 3,151,949
3,151,950 – 3,503,149
3,503,150 – 3,922,163
3,922,164 – 4,430,733
–
4,430,734 – 5,061,008
5,061,009 – 5,862,615
5,862,616 – 6,916,408
6,916,409 – 8,363,612
8,363,613 – 10,475,100
–
10,475,101 – 13,844,488
13,844,489 – 20,072,740
20,072,741 – 35,479,449
35,479,450 – 137,163,671
137,163,672 – 999,999,999
Weighting
Values
.44
.45
.46
.47
.48
.49
.50
.51
.52
.53
.54
.55
.56
.57
.58
.59
.60
.61
.62
.63
(a)
(b)
(c)
(d)
(e)
(f)
(g)
State Per Claim Accident Limitation .............................................................................. $175,000
State Multiple Claim Accident Limitation ...................................................................... $350,000
U.S. Longshore and Harbor Workers’ Act Per Claim Accident Limitation .................... $130,000
U.S. Longshore and Harbor Workers’ Act Multiple Claim Accident Limitation .............. $260,000
Employers Liability Accident Limitation .......................................................................... $55,000
USL&HW Act—Expected Loss Factor—Non-F Classes ................................................ 18.3% †
Cap on Modifications = 1 + (0.00005) [(Expected Losses) + (2) (Expected Losses) / (7.00)]
†
The USL&HW Act—Expected Loss Factor—Non-F Classes updated to reflect April 1, 2014 rate
revision.
© Copyright 2014 National Council on Compensation Insurance, Inc. All Rights Reserved.
Contains copyrighted material of the Workers’ Compensation Rating and Inspection Bureau of Massachusetts. ©2003-2014
used with its permission.