Colorado § 8-14.5-102 Legislative declaration

Colorado Statutes

§ 8-14.5-102 — Legislative declaration

Colorado § 8-14.5-102

Title 08Labor and

Art.Cost Containment

This text of Colorado § 8-14.5-102 (Legislative declaration) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 8-14.5-102 (2026).

Text

The general assembly hereby finds and
declares that any adjustments to premiums for workers' compensation insurance
be granted on the basis of equity, rate adequacy, fairness, and insurer compliance
with Colorado insurance rating laws. The general assembly further finds and
declares that notwithstanding the granting of different rates to insureds for their
experience modification, participation in return-to-work programs, and premium
volume discounts not exceeding fifteen percent, any other premium adjustments
should be principally weighted in a manner primarily encouraging the adoption and
successful implementation by insureds of effective workplace safety programs
mainly encompassing risk management and medical cost containment procedures.

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The general assembly hereby finds and
declares that any adjustments to premiums for workers' compensation insurance
be granted on the basis of equity, rate adequacy, fairness, and insurer compliance
with Colorado insurance rating laws. The general assembly further finds and
declares that notwithstanding the granting of different rates to insureds for their
experience modification, participation in return-to-work programs, and premium
volume discounts not exceeding fifteen percent, any other premium adjustments
should be principally weighted in a manner primarily encouraging the adoption and
successful implementation by insureds of effective workplace safety programs
mainly encompassing risk management and medical cost containment procedures.

Legislative History

Source: L. 89: Entire article added, p. 376, � 1, effective July 1. L. 90: Entire section amended, p. 556, � 5, effective July 1. L. 93: Entire section amended, p. 2083, � 1, effective July 1.