Workers' Comp is the way you finance employee injuries. For every dollar the insurance company spends. You are likely to pay back $2.00 to $3.00 It's our job to stop the borrowing at such high interest rates.
Because Workers' Comp is so complicated and confusing, you are left to assume that your premium audit reports are accurate and your Experience Modification Factors are correct. However, because of mistakes rampant in the Workers' Compensation system at least 50% of businesses are overcharged for their Workers' Comp insurance. Plus, once one of your employees suffers an injury that is not managed correctly, the financial and emotional impact could be destructive.
To help you wrest control back from the insurance companies, we have created a copyrighted 20-step process.
You’ll receive important information to help you avoid overcharges on your workers’ compensation.
Discuss your company’s growth positioning and risk improvement strategies.
You would not go to an IRS audit without expert advice, would you? Don’t allow the insurance company auditor to audit without the same expert guidance.
Our task is to help you improve your business and employee lifestyle.
Prevent injuries and manage injuries with a microscope. That’s how to crush your Workers’ Comp costs. If not, your experience modification factor may skyrocket out of control.
May 20, 2013 Dear Ray: I am writing to thank you for helping me better understand the inner workings of Workers Compensation insurance. While I have had quite a bit of safety management experience, I had never learned or really...
Dear Ray, Three years ago, we made the decision to switch our insurance to another agency because we heard that they were the best. We were wrong. Everything started great, but went downhill as more time passed. We went back...
At the Institute of WorkComp Professionals (IWCP) we have found that approximately 75 percent of audits have errors that result in overcharges. This figure is even more alarming when you realize that employers are responsible for most mistakes because they...
Read MoreSocial media sites are increasingly used by the public as a source of information for medical issues, legal advice, and employer concerns and work comp is no exception. Redditt is a popular platform that workers turn to for work comp...
Read MoreThere has likely never been a time when workers’ compensation insurance has been less expensive than it is now. For example, in 1994, employers constructing single-family homes in Florida paid a rate of $32.89 per $100 of payroll. In 2023,...
Read MoreAccording to a survey by the Society for Human Resource Management, roughly 79 percent of employers use some form of AI in the recruitment and hiring process. In its AI in the Workplace Survey Report, Littler, an employment and labor...
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