South Carolina Statutes

§ 38-73-500 — Merit rating for workers' compensation insurance; credit; testing.

South Carolina·Title 38 INSURANCE·Ch. 73 PROPERTY, CASUALTY, INLAND MARINE, AND SURETY RATES AND RATE-MAKING ORGANIZATIONS
(A)For the purpose of uniformity and equality the director or his designee shall approve a system of merit rating for use in the writing of workers' compensation insurance. No system of merit rating except the one so approved may be used.
(B)This system of merit rating shall include a credit of at least five percent for an insured who participates in a program designed to prevent the use of drugs or alcoholic beverages on the job by employees of the insured. The credit must be actuarially sound and filed with the director or his designee. However, if the director determines that a credit of at least five percent is not actuarially sound, the director shall allow and order a credit of less than five percent which is actuarially sound. The director or his designee shall provide for certifi

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South Carolina § 38-73-500 (Merit rating for workers' compensation insurance; credit; testing.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: Former 1976 Code SECTION 42-5-100 [1936 (39) 1231; 1937 (40) 613; 1942 Code SECTION 7035-76; 1952 Code SECTION 72-410; 1960 (51) 1646; 1962 Code SECTION 72-410] recodified as SECTION 38-73-500 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 783; 1997 Act No. 92, SECTION 1; 2014 Act No. 197 (S.826), SECTION 1, eff June 2, 2014. Effect of Amendment 2014 Act No. 197, SECTION 1, in subsection (C), substituted "If a second test is administered, the testing procedure may allow for a single sample to be split for use in the first and second tests" for "and must provide for a second test to be administered within thirty minutes of the administration of the first test".

Nearby Sections

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