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Nevada’s payroll cap overhaul could spark confusion and cost hikes for small businesses

Nevada’s payroll cap overhaul could spark confusion and cost hikes for small businesses


While NCCI, the National Council of Compensation Insurance, is expected to adjust quickly by recalibrating rates based on the new data, Pike warned that insurers will still face a complex recalibration process. “Insurance companies are going to have to go through their own process to figure out what lost cost multiplier they want to use,” he said.



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