Tex. Ins. Code Section 2053.253
Eligibility for Premium Discount

(a)

A small employer who has not experienced a compensable employee lost-time injury during the most recent one-year period for which statistics are available shall receive a discount of 10 percent on the amount of the employer’s premium.

(b)

A small employer who has not experienced a compensable employee lost-time injury during the most recent two-year period for which statistics are available shall receive a discount of 15 percent on the amount of the employer’s premium.

(c)

A small employer who has experienced one or more compensable employee lost-time injuries during the most recent one-year period for which statistics are available is not eligible for a discount on the amount of the employer’s premium.

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.

Source: Section 2053.253 — Eligibility for Premium Discount, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2053.htm#2053.253 (accessed Jun. 5, 2024).

2053.001
Definitions 2053.002
Rate Standards 2053.003
Rate Filing and Supporting Information 2053.004
Public Information 2053.005
Effective Date of Rate 2053.006
Disapproval of Rate Filing 2053.007
Disapproval of Rate 2053.008
Effect of Disapproval Order 2053.009
Grievance 2053.010
Penalties 2053.011
Exclusive Jurisdiction 2053.013
Review of Rates 2053.031
Definitions 2053.032
Underwriting Guidelines 2053.033
Enforcement 2053.034
Filing Requirements 2053.051
Hazard Classification System 2053.052
Experience Rating Plan 2053.054
Use of Incurred Claims Experience in Future Ratings Required 2053.055
Rate Adjustment 2053.056
Rate Hearings 2053.101
Statistical Plans for Reporting Loss Experience and Other Data 2053.102
Treatment of Payments Under Statistical Plan 2053.103
Statistical Agent 2053.151
Workers’ Compensation Claims Reports and Information 2053.152
Update and Transmission of Claims Reports 2053.153
Exchange of Information and Consultation with Others 2053.154
Loss Statement and Payroll Report 2053.201
Definition 2053.202
Establishment of Optional Deductible Plans 2053.203
Payment of Claims 2053.204
Rate Reduction 2053.205
Prohibited Conduct 2053.206
Violation of Subchapter 2053.251
Definitions 2053.252
Plan for Premium Discount and Surcharge 2053.253
Eligibility for Premium Discount 2053.254
Assessment of Premium Surcharge 2053.255
Maximum Discount and Assessment 2053.256
Discounts and Surcharges Not Cumulative

Accessed:
Jun. 5, 2024

§ 2053.253’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._ins._code_section_2053.253

Original Source: Section 2053.253 — Eligibility for Premium Discount, https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2053.htm#2053.253 (last accessed Jun. 5, 2024).