Iowa § 515A.15A Deductible policies in workers’ compensation

Iowa Statutes

§ 515A.15A — Deductible policies in workers’ compensation

Iowa § 515A.15A

Title XIIICOMMERCE

Ch. 515AWORKERS’ COMPENSATION LIABILITY INSURANCE RATES

This text of Iowa § 515A.15A (Deductible policies in workers’ compensation) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 515A.15A (2026).

Text

The commissioner may enter an order under section 515A.18 to assure availability within
this state of a policy under this chapter which provides as part of the policy, or as an
endorsement to the policy, an option for a deductible related to benefits payable under
a policy issued pursuant to this chapter. The order may make provisions for changes in
experience ratings, premium surcharges, or any other modification, as a result of issuance
of a policy, or of an endorsement to the policy, pursuant to the order. Under an order entered
pursuant to this section, the commissioner shall provide that if the policyholder selects a
deductible option, the insured employer is liable for all of the amount of the deductible for
benefits paid for each compensable claim of an employee under the policy.

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The commissioner may enter an order under section 515A.18 to assure availability within
this state of a policy under this chapter which provides as part of the policy, or as an
endorsement to the policy, an option for a deductible related to benefits payable under
a policy issued pursuant to this chapter. The order may make provisions for changes in
experience ratings, premium surcharges, or any other modification, as a result of issuance
of a policy, or of an endorsement to the policy, pursuant to the order. Under an order entered
pursuant to this section, the commissioner shall provide that if the policyholder selects a
deductible option, the insured employer is liable for all of the amount of the deductible for
benefits paid for each compensable claim of an employee under the policy.