Worker Compensation

Payment Service allows you to “pay-as-you-go,” accurately calculating premiums based on actual payroll figures. This way you avoid large up front costs and expensive surprises at policy end audits.Every business owner knows that workers’ compensation premium payments can be a headache. Constant changes in staff, extra employees for peak seasons, trying to find replacement workers–all contribute to the fact that you just don’t have time to manually update your premium estimates.

However, with the extensive knowledge of workers compensation that we possess, we are able to offer a workers' compensation consulting service that will help to insure that you pay the lowest premium. By this we mean that we work with your insurance agent and workers compensation carrier to provide the services that both need - and in a form that is acceptable to each of them.

Managing workers' compensation premium payments is a complicated, manual and lengthy process. Traditional programs require large up-front premium deposits, typically 20 - 100% of the policy term. Premium payments are based on estimated payroll which can result in costly year-end audits and the manual administration is very time consuming.

We can provide a monthly report listing all payroll, broken down by classification with overtime separated so you can fill out your monthly self audit and write a check to your carrier, OR We can collect your workers compensation premiums each pay period, and submit a report and payment to your carrier each month. Paying your premiums this way is much easier in budgeting your cash flow.

We can provide an annual report for your policy period listing all payroll, broken down by classification, with overtime separated, so you can handle your own workers comp audit, OR  We can handle it here in our office for you.We can also assist/complete Form , Wage Statement for any lost time injuries that your carrier would request you to complete.