Oklahoma Administrative Code
Title 810 - Oklahoma Workers' Compensation Commission
Chapter 25 - Workers' Compensation Insurance and Self Insurance
Subchapter 11 - Group Self-insurance Association Permit
Section 810:25-11-7 - Operating expenses

Universal Citation: OK Admin Code 810:25-11-7

Current through Vol. 41, No. 13, March 15, 2024

The maximum operating expenses of the association should not exceed thirty-three percent (33%) of the standard premium. These expenses include the following:

(1) Administrator's fee;

(2) TPA fee;

(3) Marketing fees, billing and collection fees, and sales commissions;

(4) General operating expenses, including audits and actuarial reports;

(5) Cost of excess insurance; and

(6) Any other fees approved by the Commission.

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