The Workers’ Compensation Premium Audit: More than 75% are Incorrect - How You Can Avoid Being Overcharged

Speaker

Instructor: Kevin Ring
Product ID: 704448

Location
  • Duration: 60 Min
The webinar will cover what employers need to know about the workers’ compensation premium audit. Experience shows that more than 75 percent of premium audits are incorrect, most often to the detriment of the employer. At the end of the webinar, attendees will be armed with the knowledge they need to ensure that they pay only what exactly they owe for their workers’ compensation and not a penny more.
RECORDED TRAINING
Last Recorded Date: Oct-2017

 

$249.00
1 Person Unlimited viewing for 6 month info Recorded Link and Ref. material will be available in My CO Section
(For multiple locations contact Customer Care)

$399.00
Downloadable file is for usage in one location only. info Downloadable link along with the materials will be emailed within 2 business days
(For multiple locations contact Customer Care)

 

 

Customer Care

Fax: +1-650-362-2367

Email: [email protected]

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Why Should You Attend:

The premium audit determines the final premium of your workers’ comp policy. More than 75% are incorrect and most often the employer winds up being overcharged. These overcharges are largely due to the fact that employers are not properly educated about how to keep their records to be sure the auditor has the information they need.

This session will cover the rules of the premium audit and how to make sure your business is not overcharged.

Areas Covered in the Webinar:

  • How to determine if your business is properly classified
  • What money do you give your employees that does NOT count for workers’ compensation, even if you DO have to pay taxes on it
  • How to deal with uninsured subcontractors to be sure you’re not overcharged
  • What the auditor can and can not do when they want to change your classification on the audit
  • How to determine who goes into what class codes that are on your policy
  • How to prepare for the audit so that the premium auditor is out of your hair as quickly as possible

Who Will Benefit:

  • President
  • Vice President
  • Manager
  • Supervisor
  • HR Professionals
  • Payroll Professionals
  • Accountant
Instructor Profile:
Kevin Ring

Kevin Ring
Founder, Institute of Benefits and Wellness Professionals

A licensed P&C agent, Kevin Ring has an affinity for making the technical simple, be it insurance or computers. He is especially adept at unraveling ex-mods and audits and classification clarifications.

His plain speak approach is the key whether he is presenting at a Certified WorkComp Advisor Institute, giving workshops for employers, or presenting teleclasses for insurance agents. His technical workers’ comp skills have helped Certified WorkComp Advisors through sticky situations (including analyzing a 68 page mod sheet) and he’s constantly working with advisors to deepen their knowledge of the Institute process.

Mr. Ring has analyzed more than 500 experience mod worksheets, finding and fixing errors for CWCAs and their clients. Because of his experience working with advisors and analyzing mods, he designed and directed the development of ModIMPACT, IWCP’s mod analysis tool which helps you better understand the mod, how it impacts premium costs and how to keep it under control. It is a quick, simple and powerful way to analyze a mod and communicate the results.

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Refund Policy

Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).

 

 

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