Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 43 - WORKERS'COMPENSATION INSURANCE RATING SYSTEM AND AUDIT PROCEDURES
Section 836-043-0130 - Selection of Risks for Test Audit
Current through Register Vol. 63, No. 9, September 1, 2024
(1) All insurers or insurer groups shall be test audited on a continuous basis. Each quarter, the bureau shall send a list of policies selected for test audit to each insurer's Oregon policy issuing office or other office designated by the insurer.
(2) The number of policies to be selected for each insurer shall be determined based on Exhibit 1, using the insurer's current policy premium distribution and the error ratio from the insurer's previous test audits. The policy premium distribution shall be based on estimated annual standard premium reported by the insurer for policies subject to selection. For each insurer, the error ratio shall be the number of policies found to have audit errors divided by the total number of policies test audited during the latest six quarters. The error ratio shall be assigned a credibility weight, as described in Exhibit 1, and the complement weight shall be assigned to the statewide error ratio of all insurers for the latest six quarters. The credibility weighted error ratio for the insurer shall be used to determine the policy sample rates in Exhibit 1.
(3) The quarterly list of policies selected for test audit shall be randomly drawn from an insurer 'entire book of workers' compensation business, subject to the requirements of section (2) of this rule. Additional policies may be added at the request of the director. The list shall indicate, for each insurer or insurer group, the insured, the policy number, the issuing office (if available) and the policy dates. This list shall only include policies with expiration dates not less than 90 days prior to the date of selection. Unless otherwise requested by the director, this list shall exclude:
(4) Within 45 days after receipt of the selection list, each issuing office shall provide the bureau the following audit material on those risks for which it is responsible:
(5) At least 10 days before the test auditor's planned date of call, the auditor must inform the insured in writing of the planned date of call.
(6) The written notice required by section (5) of this rule must include certain information. An example of acceptable written notice is located on the Department of Consumer and Business Services, Insurance Division website at www.insurance.oregon.gov. The notice must include the following information:
(7) The bureau shall complete the test audits within six months of the date of selection. Test audits not completed within the six-month period may not be included in the insurer's result. Nevertheless, the insurer shall submit a revised unit statistical report for any late test audits that would have otherwise constituted an error. The director may request the bureau to provide a quarterly report of test audits that are not completed in a timely manner.
(8) The following must be obtained from bureau files:
Exhibits referenced are available from the agency.
Statutory/Other Authority: ORS 731.244 & 737.318
Statutes/Other Implemented: ORS 737.318