Acronyms

NCCI

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(redirected from National Council on Compensation Insurance)
AcronymDefinition
NCCINational Council on Compensation Insurance (Boca Raton, FL)
NCCINational Correct Coding Initiative
NCCINational Council of Churches in India (Nagpur, India)
NCCINational Company for Cooperative Insurance
NCCINorth Coast Cancer Institute (Australia)
NCCINamibian Chamber of Commerce and Industry
NCCINagoya Chamber of Commerce & Industry (Nagoya, Japan)
NCCINGO Coordination Center in Iraq
NCCINetwork Call Correlation Identification
NCCINational Coalition of the Chemical Injured
NCCINational Cancer Center Institute (Japan)
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References in periodicals archive
The National Council on Compensation Insurance has proposed an overall loss cost decrease of 2.3 percent in a filing that many insurers use to develop prices.
The National Council on Compensation Insurance has filed a rate proposal with the NH Insurance Department that calls for a 14 percent reduction in voluntary loss costs--the portion of an employer's insurance premium that pays claims costs for work-related injuries.
Despite documented decreases in the number of claims, decreases in medical costs that in 2013 placed Illinois below the average medical cost in Wisconsin and Indiana, decreases in indemnity benefits as reported by the Illinois Department of Insurance, and decreases in overall loss costs since 2011 of more than 36 percent according to the National Council on Compensation Insurance, most Illinois employers seem not to be experiencing reductions in their workers' compensation insurance premiums, the real cost driver for those employers.
The OIR approved the National Council on Compensation Insurance filing, which was based on the impact of the Federal Tax Cuts and Jobs Act passed by Congress and signed by President Donald Trump in December 2017.
The rate decrease is based on an earlier recommendation from the Boca Raton, Florida-based National Council on Compensation Insurance Inc.
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