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Tag: class code

Workers Compensation Audits – An Opportunity to Change Your Future?

January 21, 2015 Randy Sieberg, CIC, ARM, CRM

A workers compensation audit is performed on an expired workers compensation policy. Just because an audit did not come out…

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Posted in: Workers Compensation Filed under: adding codes, adverse audit, audit, business operations, changing codes, class code, codes, job descriptions, reassignment of codes, reassignment of payroll, workers compensation audit

Triggers That Cause Workers Compensation Employee Reclassification

November 5, 2014 Randy Sieberg, CIC, ARM, CRM

Our firm works a great deal of workers compensation employee misclassification cases. It can be an unfortunate and very costly situation…

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Posted in: Workers Compensation Filed under: causes, class code, misclassification, reclassification, reclassification of employees, triggers

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

How can my insurance company bill me for more premium after my workers compensation policy has expired?

July 17, 2013 Randy Sieberg, CIC, ARM, CRM

The final cost for a workers compensation policy is not determined until the final audit is complete! That’s right, these…

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Posted in: Workers Compensation Filed under: audit, auditable policy, class code, deposit premium, premium, rating exposure, rating formula, rating payroll, remuneration, workers compensation audit

Changing Workers Compensation Codes and Correction of Classifications – An Audit Problem

March 4, 2013 Randy Sieberg, CIC, ARM, CRM

We were recently contacted by an employer who had received a large audit bill from his insurance company.  He had…

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Posted in: Workers Compensation Audit Filed under: class code, code errors discovered, correcting classification codes, misinterpreted codes, reallocation of payroll

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