Workers Comp Audit Stress Reducer
Use It For Your Next Premium Audit

Large Deductible

A large deductible workers compensation policy covers claim payments after a certain amount has been paid out-of-pocket by the employer. Most rating bureaus consider any deductible in excess of 150,000. The most popular amount for a large deductible is 250,000. Deductibles can be millions per claim. The TPA or insurance carrier charges the employer a fee similar to premium to process the large deductible claims. A large deductible program is not a type of self insurance.

Most workers comp large deductible programs are reported to the rating bureaus such as NCCI and WCRI.



Get the latest workers' comp news FREE!

This field is for validation purposes and should be left unchanged.