Tips to prepare for your workers compensation Premium Audit.
Why are premium audits conducted? · How does a workers compensation premium audit work? · Who determines the audit rules? · What records do I need to provide for an audit? · What are gross wages? · If I still need Certificates of Insurance by the time of a scheduled audit, will I be given time to obtain them? · When do I receive the results of the premium audit? · What happens after I receive the EOA? · Are there payment plan options for audit balances? · How can I get a copy o...
Related resources ; Elements of an effective fall management program ; How to find transitional duties for your injured workers ; Work in confined spaces
The answer is simple: ; It's the law: Nearly all states require workers' compensation insurance, depending on the size of your business. ; There are strict consequences: Non-compliant companies face hefty penalties and stop-work orders. ; No-fault protection: Most employees are eligible for workers' compensation, even if their injuries resulted from their own negligence.
HOW TO WIN A WORKERS’ COMPENSATION AUDIT Prepared for Energy Magazine In the energy industry, a workers’ compensation audit can be inconvenient, costly, and generally unpleasant. Since most states...
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Your workers' compensation premium audit helps determine if your premium needs to be adjusted, to ensure that you are not paying more or less than necessary based upon your needed coverage. We want...
Travelers is an industry leader, the No. 1 writer of workers compensation insurance in the United States. Our experienced and collaborative teams strive to treat every customer, from the small business to the na tional multi-state business, as our most important customer. We help organizations facilitate safe work environments, lower claim costs, access care and help injured employees return to work. We empower our customers with industry-leading technology, actionable analytics and responsive t...
Enter quarterly payroll amounts in lieu of uploading tax documents. ; Provide wages at a class code level rather than individually by employee. ; Receive audit results following the conclusion of your online session.
What documents (or records) will I need for my general liability premium audit? ; Why may I be asked to provide more than one document with the same information? ; Will I need to provide my tax records?