The July 1 opening of West Virginia's workers' compensation market brought about additional changes for BrickStreet policyholders. One such change affects accounts with less than $10,000 in annual premium.

Previously, BrickStreet applied debits or credits to all policies at or above the minimum premium level of $750. The process, known as "schedule rating," was based on 13 characteristics.

Now, for policies renewing from July 1 forward, BrickStreet has adopted the National Council on Compensation Insurance (NCCI) Basic Manual Schedule Rating Plan, which contains seven characteristics that can be considered to determine whether a schedule debit or credit can be applied.

In addition, the eligibility for schedule rating now begins at $5,000 manual premium, rather than $750. A policy that may have been eligible for schedule rating under the previous plan may no longer be eligible because of the higher threshold.

If you have questions, please contact your BrickStreet agent.