KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Wyoming

HB0153 • 2023

Worker's compensation competitive coverage.

AN ACT relating to worker's compensation; requiring worker's compensation coverage premiums and rates to be competitive with nationwide coverage premiums and rates; requiring reporting; and providing for effective dates.

Labor
Inactive

Wyoming marks this bill as inactive, which usually means it is no longer moving in the current session.

Sponsor
Representative Wylie
Last action
2023-02-07
Official status
inactive
Effective date
3/1/2023

Plain English Breakdown

The bill summary does not provide specific details on how employers may contest their classifications.

Worker's Compensation Competitive Coverage Act

This bill requires worker's compensation coverage premiums and rates in Wyoming to be competitive with nationwide rates and sets rules for reporting these rates.

What This Bill Does

  • Requires that worker's compensation rates in Wyoming not exceed the average of the lowest third of national state worker's compensation rates, starting from January 1, 2024.
  • Allows for an exception if meeting this rate would be financially unsound, limiting it to two years at most.
  • Directs the Department of Workforce Services to determine and report national worker's compensation coverage rates by state.

Who It Names or Affects

  • Employers who provide worker's compensation in Wyoming
  • Employees covered by worker's compensation in Wyoming

Terms To Know

Self-supporting
The program should not rely on external funding and must be financially independent.
Actuarially sound
Financially stable based on statistical analysis of risk.

Limits and Unknowns

  • This bill is marked as inactive, meaning it will not move forward in the current session.
  • The effectiveness date for certain parts of this act is January 1, 2024.

Bill History

  1. 2023-02-07 House

    H:Died in Committee Returned Bill Pursuant to HR 5-4

  2. 2023-02-07 House

    H No report prior to CoW Cutoff

  3. 2023-01-20 House

    H09 - Minerals:Do Pass Failed 3-6-0-0-0

  4. 2023-01-18 House

    H Introduced and Referred to H09 - Minerals

  5. 2023-01-17 House

    H Received for Introduction

  6. 2023-01-16 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
23LSO-0576
2023
STATE OF WYOMING
23LSO-0576
Numbered
2.0

HOUSE BILL NO. HB0153

Worker's compensation competitive coverage.

Sponsored by: Representative(s) Wylie, Byron, Conrad, Larsen, L, Larson, JT, Neiman, Niemiec, Oakley, Olsen and Stith and Senator(s) Dockstader, Hicks, Jones and Kolb

A BILL

for

AN ACT relating to worker's compensation; requiring worker's compensation coverage premiums and rates to be competitive with nationwide coverage premiums and rates; requiring reporting; and providing for effective dates.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.

W.S. 27
‑
14
‑
201(a) is amended to read:

27
‑
14
‑
201.

Rates and classifications; rate surcharge.

(a)

The worker's compensation program shall be neither more nor less than self
‑
supporting.
For the period beginning January 1, 2024 and ending December 31, 2028 rates for coverage under this act shall not exceed the average of the bottom one
‑
third (1/3) of national state worker's compensation coverage rates, provided however, that if meeting the average rate determined under this subsection would not be actuarially sound then the rates for coverage under this act shall not exceed the average national rate for a period of more than two (2) years.

National coverage rates by state shall be determined by the department of workforce services.
Employments affected by this act shall be divided by the division into classes, whose rates may be readjusted annually as the division actuarially determines.

Any employer may contest his classification as determined by the division following the contested case provisions of the Wyoming Administrative Procedure Act except that the division shall carry the burden of proving that the classification is correct. Information shall be kept of the amounts collected and expended in each class for actuarially determining rates, but for payment of compensation, the worker's compensation account shall be one and indivisible.

Section 2.

The department of workforce services shall determine national worker's compensation coverage rates by state and not later than January 1, 2024.

Section 3
.

(a)

Except as provided in subsection (b) of this section, this act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(b)

Section 1 of this act is effective January 1, 2024
.

(END)

1
HB0153