§ 8-42-107.6 — Premium dividend for employing injured employees

Colorado § 8-42-107.6

• Jurisdiction: Colorado
• Title 08: Labor and
• Art.: Benefits

Text

The
commissioner of insurance shall include within the premium dividends specified in
rules and regulations promulgated pursuant to section 10-4-408 (5), C.R.S., a
premium dividend of up to ten percent if an employer reemploys injured employees
at their preinjury wages including any wage increases to which such employees
would have been entitled had the employee not been injured. The total amount of
the premium dividend shall be determined on a pro rata basis, taking into account
the total number of employees injured during the period of time the insurance
policy was in effect and the total number of injured employees who have sustained
permanent partial disability as a result of their injuries and who have been rehired
by such employer.

Legislative History

Source: L. 91: Entire section added, p. 1311, � 17, effective July 1.