December 15, 2015
Procrastinators: peace of mind available here
The Workers’ Comp Group Rating enrollment deadline was the end of November 2015. If you missed that deadline it’s still not too late to enroll in our Workers’ Comp Group Retrospective Rating program. The Chamber’s Group Savings Programs administrator, Sheakley, has over 640 companies in our Group Retro program. These companies have an average savings of more than $27,000 per participant. Sheakley represents more private Group Retro participants than any other Third-Party Administrator in the State of Ohio.
While Group Rating programs look at a company’s prior claims experience, Group Retro programs look at the future. Groups are formed and then receive rebates from the Ohio BWC based on how well their group performs in a future year. Oftentimes, savings are even greater in Group Retro than they are in Group Rating. To find out how much you can save complete this online AC-3 form before January 1, 2016. The enrollment deadline for Group Retro is January 22, 2016.