One Thing We Will Never Do
This is one thing we will never do to our clients. We are very assertive/aggressive in dealing with Workers Comp insurance carriers, NCCI, State Rating Bureaus, and other parties. We owe that to our clients.
The one thing that we have been asked to do that WE WILL NOT DO is to intentionally aid in the misrepresentation of classification codes and other insurance data to cut Workers Comp costs. Trying to cheat insurance carriers will only cost more in the end.
Quite a few states are now pursuing employers that intentionally lower payroll info, pay claims under the table, or misclassify their employees. As we have advised in the past, it is best to pay your fair share.
This situation does not come up often, but we do have to address the situation now and then.
We also will never try to cut Workers Comp costs by taking ” a roll of the dice” on a long shot to see if any cost reduction might occur for our clients. This often will backfire and end up costing our clients even more of their Workers Compensation budget. We only make recommendations on statistically significant data and results.
Attempting to game the Workers’ Comp system usually backfires in the long run. An example of gaming the system is disputing the complete premium audit and bill to avoid paying it.
Bottom Line – you should pay what you owe, but not one penny more.