| Alternative discounts to consider when group rating isn’t an option - Thursday, February 18, 2010Over half of Ohio’s private employers will not be in a group rating program effective July 1, 2010. If you are one of these employers, you will have an array of alternative rating programs to consider. This article is part of a series designed to give an overview of these programs and help you decide which programs you should evaluate further. read more ... |
| Enrollment Forms and Renewal Invoices Due to Join Group Rating Program - Thursday, February 18, 2010Savings quotes and enrollment packets from our workers’ compensation group rating partner, CareWorks Consultants Inc., (CCI) were recently sent to newly qualifying applicants. Qualifying companies should return these forms with payment immediately to CareWorks Consultants to ensure enrollment in their 2010-2011 group rating program. The deadline for receipt of enrollment forms is February 24, 2010. read more ... |
| Important BWC Board Decision - Tuesday, November 10, 2009On Friday October 30, 2009, the Bureau of Workers’ Compensation (BWC) Board of Directors unanimously approved the 2010 rate plan for private employers. The plan follows BWC’s recommendation to both lower maximum credibility to 65 percent and apply a significant stratified surcharge (also referred to as "break-even factor" or "BEF") to all group employers reducing the maximum discount to around 51 percent. read more ... |
| Workers' Compensation Group Rating Saves Significant Premium Dollars - Tuesday, September 29, 2009Now is the time of year for you to begin planning for your workers’ compensation future. Many companies are probably sending you information about their programs. While they may be able to save you money in the short term, they often lack the quality comprehensive customer service and program stability that helps to ensure continued long term group rating discounts. Through the Buckeye Workers’ Compensation Alliance, CareWorks Consultants Inc. (CCI) offers a level of service and satisfaction unmatched by any other third party administrator (TPA) in the industry.
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| Group Retrospective Rating Basics - Tuesday, September 29, 2009A New Workers’ Comp. Rating Option
For the first time, the Ohio Bureau of Workers Compensation (BWC) has established rules allowing qualifying associations to sponsor group retrospective rating plans, otherwise known as group retro. The benefit to participants is a premium refund based on the overall performance of the group. Group retro is not right for every employer but there are a number of employers as well as certain industries that will benefit significantly from this rating option. This year employers were not provided a great amount of time to become familiar with this option because the BWC rules were established only a short time before the start of the 2009 policy year. This article will help executives and managers determine if their organization should continue to evaluate participation in a group retro plan.
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| Cut Out Cuts - Monday, July 27, 2009Your hands are exposed to injury perhaps more than any other part of your body simply because you use them so often. However, you can prevent hand injuries if you’re aware of the potential hazards and take the proper precautions.
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| Visit CCI's New Website Today! - Monday, June 29, 2009CareWorks Consultants Inc. (CCI) continues to distinguish itself in the marketplace. On Friday, June 19, 2009, we launched our new website.
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