Code of Colorado Regulations
1100 - Department of Labor and Employment
1107 - Division of Family and Medical Leave Insurance
7 CCR 1107-6 - REGULATIONS CONCERNING PROGRAM INTEGRITY
Section 7 CCR 1107-6.4 - Premium Underpayments, Fines, and Interest
Current through Register Vol. 47, No. 17, September 10, 2024
1. An employer or individual electing coverage shall be liable for a premium underpayment. Circumstances giving rise to a premium underpayment include, but are not limited to a(n):
2. A fine may be imposed for any violation, including a failure to undertake an action specifically required by the Act and its implementing rules, or by engaging in any activity specifically prohibited by the Act and its implementing rules.
3. Premium underpayments are identified through any lawful means including Division audits, investigations, and external tips.
4. The Division will notify an individual electing coverage or employer of any determination of premium underpayment or fine by sending a determination letter to the individual electing coverage or employer's correct address.
5. The party may appeal a determination of premium underpayment or fine pursuant to 7 CCR 1107-9.
6. Any outstanding premium underpayment fine or interest owed to the Fund by the party is subject to recovery pursuant to 7 CCR 1107-8, Section 8.8.
7. Any outstanding balance past due shall accrue interest pursuant to 7 CCR 1107-8, Section 8.9.
8. At its discretion, the Division may waive, in whole or in part, any fine or interest owed to the Fund where such recovery would be against equity and good conscience.