The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) have reached an agreement that will delay for at least one year implementation of a non-electronic filing fee for workers compensation residual market applications. NCCI had proposed requiring agents to pay a $45 fee for all assigned-risk applications submitted via mail or telephone after Sept. 18. This hard-copy surcharge had been proposed as a way to encourage agents to use NCCI’s new online Residual Market Application Processing Service (RMAPS) system. RMAPS is a free service for agents submitting business in the residual market under NCCI’s state-approved Workers Compensation Insurance Plan. Currently, NCCI receives only 14 percent of residual market applications online.
Topics Workers' Compensation
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