3
Working Too Hard? Increase Your Bottom Line With Ease By Offering Workers Compensation.

Working Too Hard? Increase Your Bottom Line With Ease By Offering Workers Compensation

Embed Size (px)

Citation preview

Page 1: Working Too Hard? Increase Your Bottom Line With Ease By Offering Workers Compensation

Working Too Hard?

Increase Your Bottom Line With Ease By Offering Workers Compensation.

Page 2: Working Too Hard? Increase Your Bottom Line With Ease By Offering Workers Compensation

What is it?“Pay as you go” Workers Compensation

• Eliminate large down payments• Minimize audit adjustments• Eliminate finance and billing fees• Eliminate late fees• Allow for better cash flow management

An integrated workers compensation payment service that allows insurance premiums to be withdrawn directly from client’s bank accounts every time they run payroll.

Page 3: Working Too Hard? Increase Your Bottom Line With Ease By Offering Workers Compensation

Policy Payment Comparison

Traditional Method Pay As You Go

*Varies by state

Based on an average premium of $3,000

• Monthly billing fees and checks to write

• Additional Charges for late payments

• Audit Adjustments

No monthly bills or checks to write

No charges for late payments as payments run with the payroll

Minimal (if any) audit adjustments

Approximate Start-up Fees:

$ 750 premium down payment

$ 250 Expense constant*

$1,000 Total down payment

No premium down payment, only Exp Constant* Approx $250 and

Expense constant is taken on first payroll run

$250 Taken with first payroll