It appears that Slo Glo is pretty close.
It has something to do with the fact that the NRC did not feel it necessary to have to bother with Quality Factors at such high dose rates because, at these dose rates, the biological effects are non-stochastic (the dose can cause serious effects in a short time and the severity of the effects are directly dependent on the dose). I don't know how they arrived at the 500 Rad number, but I guess they HAD to have a number.
At lower (than 500 Rad) doses, the biological effects are supposedly more stochastic (there is a varying chance of a biological effect). The RBEs were used as the basis for the development of QFs because, as we know, different types of radiation, measured in Rads, cause different amounts of biological effect, measured in Rems.
That's the short answer. You'll have to talk to somebody smarter than me for a longer explanation.