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PCRB 2023 Financial Statements & Assessments Now Available

The PCRB has published the 2023 audited financial statements along with the adjustment of assessment.

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10/16/2024

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PCRB Adopts Four-Digit Classification Code Format

The Pennsylvania Compensation Rating Bureau (PCRB) is transitioning to a four-digit display for all classification codes. This aligns PCRB’s classification code display with the national approach and with most carrier systems, which are already programmed to accommodate four-digit classification codes. This transition is already reflected in various PCRB documents as part of our recent data management system update. For complete details, please view Information Bulletin #019.

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09/23/2024

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PA Supreme Court Review of Key Case Will Determine Use of Red Book In Determining Pharmaceutical Payments

Recently, the Pennsylvania Supreme Court has agreed to review a significant dispute over the appropriate proper prescription drug fee schedule for resolving workers' compensation payment disputes. The outcome of this review could reshape the prescription drug pricing standards in Pennsylvania workers' compensation cases.

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09/18/2024

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Submission of PCRB Filing No. 344 - Proposed Revisions to Designated Auditable Payrolls and Concurrent Sections 1 and 2 Manual Amendments - Proposed Effective April 1, 2025

The PCRB submitted Filing No. 344 to the Pennsylvania Department of Insurance on August 30, 2024. Filing No. 344 proposes contains revisions to the Designated Auditable Payroll language with updated manual pages in Section 1 and Section 2 of the Basic Manual.

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09/03/2024

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2023 Adjustment of Assessment Revision

The PCRB’s 2023 Adjustment of Assessment has been revised. As a result, new invoices will be issued by the PCRB, which we expect to process, post to Invoice Online, and mail the week of August 26, 2024. These new invoices will replace those previously mailed and dated August 14, 2024. If you have any questions, please contact the Accounting Department at Finance@pcrb.com.

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08/23/2024

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Submission of PCRB Filing No. 343 – Manual Revisions to Section 2 of the Basic Manual – Proposed Effective April 1, 2025

The PCRB submitted Filing No. 343 to the Pennsylvania Department of Insurance on August 14, 2024. Filing No. 343 proposes housekeeping revisions to the PCRB Workers’ Compensation Manual of Rules, Classifications and Rating Values for Workers’ Compensation and Employers Liability Insurance (Basic Manual), for policies effective at 12:01 a.m., April 1, 2025, or later.

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08/15/2024