Below are the latest announcements, updates, and other information relating to the PCRB Experience Rating Plan:
The Pennsylvania Insurance Commissioner has approved, as filed, the PCRB’s proposed Pennsylvania Experience Rating Plan Revisions. This filing becomes effective as of 12:01 a.m., April 1, 2024 with respect to new and renewal policies having Rating Effective Dates (RED) on or after that date.
On July 19, 2023, the PCRB held a webinar discussing the new Experience Rating Plan. For those who missed the live session or wish to review the webinar, we have recorded it for your convenience. To access the recorded webinar, visit the Experience Rating Plan page or click here to access directly.
Additionally, the new Experience Modification Calculator, Mod Comparison Report, and Three-year Carrier Rating Report are now available within the PCRB Application Manager. For more information on these tools and User Guides, refer to the Experience Rating Plan section of the website.
A webinar has been scheduled for July 19, 2023 at 10 a.m. to further explain the changes and address questions from stakeholders.
The PCRB submitted Filing No. 340 to the Pennsylvania Insurance Department containing proposed revisions to the PA Experience Rating Plan.