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Commissioners accept IPEP resolution setting workers’ compensation premium and contribution amounts
Summary
The board accepted an IPEP resolution covering workers' compensation with an annual standard premium of $437,842 and an annual contribution amount of $302,110; a staff member noted the premium is about $50,000 less than last year.
The Henry County Board of Commissioners accepted an IPEP resolution related to the county’s workers' compensation program, with the chair stating an annual standard premium of $437,842 and an annual contribution amount of $302,110.
A staff member noted that the premium figure was roughly $50,000 less than the prior year. The chair asked for a motion; after a second the board approved the resolution by unanimous voice vote.
The transcript does not provide the detailed actuarial or underwriting basis for the premium or the contribution amounts; it records only the figures presented and the board’s approval.
