Workers' Compensation Premium Recovery
We audit premiums and experience mods for errors that inflate what you pay.
Signs You've Overpaid
Why It Gets Missed
Errors pass the accuracy standard.
Rating bureaus allow up to 1 in 5 audits to contain errors before a carrier fails their standard.
Your mod is built on others' data.
Experience mods use claim and payroll data reported by your past carriers, and errors carry forward.
Classification rules are complex.
Hundreds of class codes and exceptions make it easy to put employees in a higher-rated class.
Audits move fast.
Premium audits are done quickly, and the employer rarely knows what to question.
Payroll gets overstated.
Audits often count pay that the rating rules exclude.
Corrections have a time limit.
Mod and audit errors can only be fixed for a limited period, and then they stay.
What We Recover
Premium charged under the wrong classification codes
Audited payroll errors
Overtime premium included in payroll
Missed credits and discounts
Experience mod errors from incorrect claim or payroll data
Claims that shouldn't count against you still carrying a reserve
Charges for subcontractors who had their own coverage
Premium charged on excluded executive officer payroll