Workers Compensation Policy and Code Review!

How many times do I have to remind you to have your workers compensation policy reviewed! A work comp policy review should include; a review of your workers compensation codes, a review of all premium calculations on your policy, a review of your audits, a review of your experience modification and other premium factors, a review of all credits applied to your policy and a review of proper application of payroll limitations.

I've recently been asked by several new clients to review their policies and have found errors in each. Errors that have cost these employers several thousands of dollars! We've been successful in recovering most of the overpaid premium however this all could have been avoided if these clients had called earlier and allowed us to set up an annual review of their policies. So, don't forget, be PROACTIVE! Have your workers compensation policies reviewed!