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WHAT IS A MCPAP FACTOR AND HOW DOES AN EMPLOYER QUALIFY?

April 26, 2017employer Factor mcpap qualify

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WHAT IS A MCPAP FACTOR AND HOW DOES AN EMPLOYER QUALIFY?

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The Minnesota Contractors’ Premium Adjustment Program (MCPAP) is a special credit-only program that was created for qualifying employers in the construction industry. Eligible employers can receive MCPAP factors that provide up to a 25% maximum credit that is applied after the experience mod when calculating the employer’s premium.