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

  • Training

  • 60 Minutes
  • Compliance Online
  • ID: 5974254
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.

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

Course Provider

  • Kevin Ring
  • Kevin Ring,