Workers Comp Premium Audit - Reserve Reviews For Employers

Workers' Compensation
Premium Refunds Possible

Feb 14, 2008

Follow-up Question to the Last Post

We have received quite a few questions about the software that we have developed for analysis for Workers Compensation policies, premiums, E-Mods, and reserves. We are in the process of making the software available to businesses through our website on a per-use basis. Creating intuitive web-based software is a large task.

As of now, we use the software internally as an aid to performing Workers Comp analyses for our clients. What is the number one error we have found on Workers Compensation policies and reserves? Check the archived posts to see what we have uncovered in our analyses.

The first step to cut your Work Comp costs is asking "why?". If you or your company are just writing checks without questioning anything, you have a 50% chance of overpaying for your coverage. A good reference guide when dealing with Workers Comp is on our website at http://www.cutcompcosts.com/definitions.html. Print the definitions out or save them to your hard drive. They will come in handy.

Next Up - Are Self-Insureds Really Out of the Workers Comp System?

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