Alternative Rating Program Enrollment Deadline Approaching
Do Not Miss Your Opportunity to Save!
If your organization is eligible to participate in a Group Rating program through our program administrator, CompManagement, the enrollment deadline is fast approaching!
Please make sure to return your enrollment documents in a timely manner to ensure your participation. The deadline to enroll in a group program per the Ohio Bureau of Workers’ Compensation (BWC) for the 2016 policy year is Monday, November 23, 2015.
Don’t miss this opportunity to receive an upfront discount typically ranging from 15 percent to the maximum discount available from the BWC which for policy year 2016 is fifty-three (53) percent.
If you are reviewing savings quotes from other group administrators, please make sure that you are examining them thoroughly to ensure that you are comparing similar discounts and service offerings. This important decision affects how much you pay in workers’ compensation premiums, as well as who will be handling any claims incurred by your injured employees.
If your organization is not eligible for Group Rating for the 2016 policy year, there are other options and discounts available (Group Retrospective Rating, Individual Retrospective Rating, EM Cap, One Claim, Destination Excellence, etc.) that offer a variety of discounts and may be compatible with other programs for potentially larger savings.
CompManagement’s experienced colleagues are able to pinpoint the greatest savings discount for which your organization is eligible. We encourage you to explore your best option with a CompManagement representative to see how your organization can realize your maximum savings for 2016. Please contact CompManagement at (800) 825-6755, select option 3 and speak to a customer support representative as soon as possible.