Cost Reduction Opportunities

12 Signs you have been overcharged for Worker’s Compensation Insurance

  1. Insurance company has changed company basic classification code.
  2. Any ratings or codes has changed during policy period.
  3. Various credits and discounts are missing from company policy.
  4. Workers compensation claims have included subrogation.
  5. Final audit was not conducted on-site.
  6. Policy’s ex-mod is indicated as contingent or preliminary in policy.
  7. Premium was increased mid-term.
  8. Employees are paid a significant amount of overtime.
  9. Previously open claims have been denied by official rulings.
  10. Company is involved in a merger or acquisition.
  11. Recent or frequent turnover of HR manager or Insurance Broker
  12. There has seldom been a challenge or questioning of billings

Your Workman’s Comp carrier probably owes you money.

Simply put, the odds are you have overpaid your Workman’s Compensation premiums due to error or miscalculation sometime in the last 5 years. With 10-15% returns being commonplace in our audits, it is no wonder our Workman’s Compensation Review has resulted in refunds exceeding $100,000 for our clients.

Let us find those overcharges and get that money back from your insurance company.

The best part is there is no charge to you. Fees only apply only if we obtain a refund for you.

We won’t waste your time. Most documents we need for our audit can be obtained directly from your broker or insurance carrier. Give us your broker or carrier’s name and the rest is up to us.

Still not sure?

Here's some facts you must know before you turn your back on this savings opportunity.

 

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