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This is our blog about Workers Compensation Audits, Classification Codes, Experience Rating (EMR) and other Premium Issues. Phone us at 573-489-8323 or email us at [email protected]
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Category: <span>Workers Compensation Audit</span>

Is there a fine for not cancelling a workers compensation policy?

February 19, 2015 Randy Sieberg, CIC, ARM, CRM

Not following proper cancellation procedures can lead to additional cost. Is it a fine? It may not really be a…

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Posted in: Penalties, Workers Compensation Filed under: cancellation, cancellation for non-payment, cancellation penalties, deposit premium, final audit, fines, improper cancellation, penalties, penalties for non-compliance

Imputed Wages – Uncompensated Employees and how they determine workers compensation rating payroll.

April 24, 2014 Randy Sieberg, CIC, ARM, CRM

We were recently contacted by a business owner about her workers compensation audit. She was sure what the insurance company…

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Posted in: Audit Problems, Workers Compensation Filed under: audit, audit problem, entity, imputed payroll, imputed wages, payroll, rating payroll

Intentional Misclassification of Employees, Workers Compensation Audits and Fraud

April 11, 2014 Randy Sieberg, CIC, ARM, CRM

We were recently contacted by an insurance agent representing an employer who, upon completion of their workers compensation audit, was presented…

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Posted in: Audit Problems, Workers Compensation Filed under: assignment of payroll, audit fraud, classification codes, misclassified employees, premium fraud, workers compensation audit

Change Auditors Change Classification Codes – What’s up with that?

March 18, 2014 Randy Sieberg, CIC, ARM, CRM

We were recently asked to review a file by an insurance company underwriting department. The insurance company had changed independent auditors from…

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Posted in: Workers Compensation Audit Filed under: audit, audit review, changed classification codes, class code, classification code, code 1803, code 8810, code review, payroll, premium audit

Stiff Penalties For Uncooperative or Uncompleted Workers Compensation Audits –

February 18, 2014 Randy Sieberg, CIC, ARM, CRM

Thought you could just walk away from that workers compensation audit? Good luck trying! Well not really…after all it is…

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Posted in: Penalties, Workers Compensation, Workers Compensation Audit Filed under: failure to return audit, non-compliant, penalties, uncomplete audit, uncooperative audit

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