Why Overcharges Occur
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Workers Compensation Tricks and Traps

 
 

An insider's view of how insurance companies manipulate the rules to their advantage. Learn how underwriters and auditors size up your business to maximize the premiums that you pay.

 
   
 
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Here you will learn:

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How experience modifications are manipulated without you, the NCCI, or anyone else knowing the difference.

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The way in which classification codes are used to maximize the rates charged on your policy.

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The true definition of "remuneration". See what you can exclude from payroll.

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Which expenses can be subtracted from payroll.

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What you should, and should not, tell the auditor.

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Dozens of other insider tips.

 
   
 

PRA's Premium Cost Cutting System

 
 

Provides a more advanced analysis of classifications, experience modifiers, payrolls, and all the rating components that comprise the premium you pay.

 
   
 
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Here you will find details on:

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Classifications; how to get your business classified with the lowest possible rate.

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The actual scope of "Scopes", and why a lower rate might just result in a higher premium.

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See how the "120 day rule" is almost always ignored.

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Review the rule that penalizes insurers for "late" experience modifiers, and why this rule benefits one-third of all policyholders.

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The importance of loss reserve dating, or how a bad reserve date will cost you plenty.

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See why loss coding is the single largest cause of overcharges in Workers Compensation. (Hint: Those 70% medical-only deductions are not as widespread as you have been led to believe.)

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What is the Experience Rating Period - and why is it so important?

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Get an auditor's perspective on how to prepare for an audit, what time of the day is best to meet with the auditor, and what records to provide.

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The most overlooked credit in workers compensation. What is it and why haven't you heard about it?

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The sequence of calculations. Why does it make a difference?

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The most in-depth workers compensation checklist anywhere.

 
   
 

Order your own copy:

 
     
 
  e-mail version Paper Copy
Workers Compensation Tricks 
and Traps
$24.95
$39.95
PRA's Premium Cost Cutting Systems $49.95
$64.95
 
 

 

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