Unfortunately, Workers Compensation Premium Audit Errors occur all the time.
10 Common Mistakes
EMOD was incorrect
Credits or modifiers accidentally removed
Comp rates change
Incorrect Job Class
Charged for subcontractors
Payroll does not match
Worksheets not provided by the auditor
Separation or Payroll not allowed
Large additional premiums
No physical audit
Building a Premium Audit Overchargeproof Package
Here are 3 tips to build a premium audit overcharge-proof package.
- Review your payroll
- Ensure you have copies of your subcontractors’ certificates fo insurance
- Know your classification codes
How do you prevent premium audit errors?
Find out more in our quick video below then contact us to discuss getting a handle on your workers compensation.
How do you prevent premium audit errors? Find out more in our quick video.
Posted by WA Group on Wednesday, September 12, 2018
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