NCCI Retired HVAC Classification Code 5536
NCCI Retired HVAC Classification Code – where does that put your company?
Quite a few of our clients that have been overcharged on Workers Compensation are HVAC employers. Now, to complicate matters even more, the HVAC Classification Code 5536 has been eliminated due to problems of code enforcement. The Code was moved to other Classification Codes, all being at a higher rate than Classification Code 5536. We are starting to see this more often when the NCCI shifts or closes out a Class Code.
If you have had this Class Code in the last five years in your Workers Comp program, you may need to have an underwriting expert check this situation for your company. There are only a few states where the 5536 Classification Code is still allowed.
The NCCI has always been a very professional and fair organization to deal with over the years. We are not questioning their integrity whatsoever. We just do not want any employer to be overcharged in their WC policies or at the time of the year end premium or payroll audit.
The “look-back” period to recover Workers Comp Premiums is four and one half years maximum.
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