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How Would Company Dispute Workers Comp Premium Statement


WC Premium Statement and Bill

Did your company dispute your WC premium statement and bill?  If your company feels the insurance carrier has not billed you correctly – especially at the time of premium audit, then by all means do not wait to send in a premium dispute letter.  Your insurance policy should have an address for premium disputes.  Each state has its own set of premium dispute rules that may differ somewhat between each state.

Vector Graphic of Bill Premium Statement And Calculator

The three main concerns that we have seen with premium disputes are:

  • The employer does not dispute the billing timely.  All states allow the insurance carrier to cancel an existing Workers Comp policy if a prior policy billing has not been paid or disputed timely.  If you are going to seek the services of a Workers Compensation consultant, make sure you do it quickly after receiving a bill.
  • The employer ignores the due date of the premium audit billing. This goes along with the first bullet point.  In this economy, insurance carriers are not very flexible if a company does not pay or contact them by the bill due date.
  • Picture Of Wallet Premium Statement Full Of Money

    The employer uses the dispute letter as a way to stall the bill payment.  This may ruin the business relationship between your agent, the carrier, and your company.  Be very careful what you include in the dispute letter.  It is very difficult to add more disputes to the original dispute letter.

If your company is unable to pay the full amount of the undisputed part of the premium audit bill, contact the insurance carrier immediately upon receipt.  Some carriers will accept payments over a few months.  The key here is contacting the Workers Comp carrier before the due date.

Next Up – A Supreme Court Case That Covers Premium Disputes

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James J Moore - Workers Comp Expert

Raleigh, NC, United States

About The Author...

James founded a Workers’ Compensation consulting firm, J&L Risk Management Consultants, Inc. in 1996. J&L’s mission is to reduce our clients’ Workers Compensation premiums by using time-tested techniques. J&L’s claims, premium, reserve and Experience Mod reviews have saved employers over $9.8 million in earned premiums over the last three years. J&L has saved numerous companies from bankruptcy proceedings as a result of insurance overpayments.

James has over 27 years of experience in insurance claims, audit, and underwriting, specializing in Workers’ Compensation. He has supervised, and managed the administration of Workers’ Compensation claims, and underwriting in over 45 states. His professional experience includes being the Director of Risk Management for the North Carolina School Boards Association. He created a very successful Workers’ Compensation Injury Rehabilitation Unit for school personnel.

James’s educational background, which centered on computer technology, culminated in earning a Masters of Business Administration (MBA); an Associate in Claims designation (AIC); and an Associate in Risk Management designation (ARM). He is a Chartered Financial Consultant (ChFC) and a licensed financial advisor. The NC Department of Insurance has certified him as an insurance instructor. He also possesses a Bachelors’ Degree in Actuarial Science.

LexisNexis has twice recognized his blog as one of the Top 25 Blogs on Workers’ Compensation. J&L has been listed in AM Best’s Preferred Providers Directory for Insurance Experts – Workers Compensation for over eight years. He recently won the prestigious Baucom Shine Lifetime Achievement Award for his volunteer contributions to the area of risk management and safety. James was recently named as an instructor for the prestigious Insurance Academy.

James is on the Board of Directors and Treasurer of the North Carolina Mid-State Safety Council. He has published two manuals on Workers’ Compensation and three different claims processing manuals. He has also written and has been quoted in numerous articles on reducing Workers’ Compensation costs for public and private employers. James publishes a weekly newsletter with 7,000 readers.

He currently possess press credentials and am invited to various national Workers Compensation conferences as a reporter.

James’s articles or interviews on Workers’ Compensation have appeared in the following publications or websites:

  • Risk and Insurance Management Society (RIMS)
  • Entrepreneur Magazine
  • Bloomberg Business News
  • WorkCompCentral.com
  • Claims Magazine
  • Risk & Insurance Magazine
  • Insurance Journal
  • Workers Compensation.com
  • LinkedIn, Twitter, Facebook and other social media sites
  • Various trade publications


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