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The Purpose of "Experience Rating" Under Workers' Compensation Legislation Is

Question 27

Multiple Choice

The purpose of "experience rating" under workers' compensation legislation is to


A) offer lower rates to firms with less experienced workers.
B) give firms an incentive to engage in safer practices.
C) offer lower rates to firms with more experienced workers.
D) create additional jobs in workers' compensation branches.
E) ensure that firms in high- risk industries pay higher WC premiums.

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