(a) The Insurance Commissioner shall establish within the Arkansas Workers' Compensation Insurance Plan an alternate preferred plan for employers, including logging or pulpwood dealers or contractors, who have carried workers' compensation insurance coverage continuously for at least four (4) policy years and who have had better than average loss experience and meet such additional reasonable standards as the commissioner shall by rule and regulation prescribe.
(b) Such an alternate preferred plan shall address the issues of deductibles and deposit premiums and make such provisions and allowances with respect thereto which are economically sound and in the best interest of the plan and the industries affected.
Section: Previous 23-67-302 23-67-303 23-67-304 23-67-305 23-67-306 23-67-307 23-67-308 23-67-309 23-67-310 23-67-311 23-67-312 23-67-313 NextLast modified: November 15, 2016