On October 1, 2014, the mandatory TPOC reporting thresholds changed for workers' compensation and liability claims. For workers' compensation claims with TPOC dates on or after October 1, 2014, the mandatory cumulative TPOC reporting threshold is $300.00. For liability claims with TPOC dates on or after October 1, 2014, the mandatory cumulative TPOC reporting threshold is $1,000.00. For no-fault claims, all TPOCs must still be reported since there is no de minimis TPOC reporting threshold.
No comments:
Post a Comment