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What are the eligibility requirements to be experience rated?

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What are the eligibility requirements to be experience rated?

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A risk is eligible for intrastate experience rating when it develops a qualifying premium based on payrolls or other exposures reported in accordance with the Wisconsin Worker’s Compensation Statistical Plan Manual (WI Statistical Plan Manual). Qualifying premium is achieved when the payrolls or other exposures developed in the last year or last two years of the experience period produce, at current manual rates, a premium equal to at least twice the Experience Rating Eligibility amount shown in the WCRB Miscellaneous Values Table; or, when more than the latest two years of the experience period’s exposures produce, at current manual rates, an average annual premium equal to at least the Experience Rating Eligibility amount.

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