Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 10. PROPERTY AND CASUALTY INSURANCE |
Subtitle E. WORKERS' COMPENSATION INSURANCE |
Chapter 2053. RATES FOR WORKERS' COMPENSATION INSURANCE |
Subchapter F. PREMIUM INCENTIVES AND SURCHARGE FOR SMALL EMPLOYERS |
Sec. 2053.253. ELIGIBILITY FOR PREMIUM DISCOUNT
Latest version.
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(a) A small employer who has not experienced a compensable employee lost-time injury during the most recent one-year period for which statistics are available shall receive a discount of 10 percent on the amount of the employer's premium.
(b) A small employer who has not experienced a compensable employee lost-time injury during the most recent two-year period for which statistics are available shall receive a discount of 15 percent on the amount of the employer's premium.
(c) A small employer who has experienced one or more compensable employee lost-time injuries during the most recent one-year period for which statistics are available is not eligible for a discount on the amount of the employer's premium.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.