House Bill No. by Representative Melerine amends R.S. 23:1172.3 concerning the collection of workers' compensation premiums. The bill prohibits insurers from collecting past due payments related to premium audits unless they provide written notice to the insured within ninety days of the audit's completion. Additionally, it establishes that insurers cannot modify or complete a premium audit more than three years after the policy period ends, with certain exceptions for misrepresentation, noncompliance, disputes, fraud investigations, and court determinations.

The bill also clarifies that workers' compensation insurers may return premiums to the insured if a premium audit reveals that the insured is entitled to a refund. Furthermore, the provisions of this section do not apply to self-insurance funds. The act will take effect upon the governor's signature or after the expiration of the time for bills to become law without signature.

Statutes affected:
HB280 Original:
HB280 Engrossed:
HB280 Enrolled:
HB280 Act 490: