Massachusetts S695 amends workers’ compensation premium payment schedules for small businesses.
Massachusetts S695 amends Section 25Q of Chapter 152 of the General Laws to modify the workers’ compensation premium payment schedules for small businesses. The bill specifies that the amendment does not apply to groups that have been in existence for at least five years and have established a premium payment plan acceptable to the commissioner. This change aims to provide more flexibility and potentially reduce financial burdens for certain small businesses in the state.
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