Here are a few “P.S.’s” to the author’s five points
Here is an interesting article we noted, and a few comments:
5 Tips about Workers’ Compensation Coverage
. Refusal to cooperate in an audit can result in a “losses only – no payroll” experience modification and/or a stiff fine to pay the cost of an audit.
. It’s a good practice to make and keep written notes of discussions with the auditor. They may prove crucial in a future dispute if the insurer wants to change things from what its auditor previously approved. It’s also wise to request and keep a copy of the auditor’s notes.
. Always obtain and keep a copy of the experience modification worksheet issued by the WCIRB (California) or NCCI – and scrutinize all of the information in it to ensure that the mod is correct. If you suspect problems, contact your insurance rep – or me.
. Cancelling your comp coverage mid-term can bring nasty experience mod surprises. Be sure to investigate the consequences in advance.