One of the unforeseen negatives of the Affordable Care Act was increased costs for workers’ compensation insurance, coming both from higher taxes assessed to insurance companies and higher costs of claims. The claims costs are on the rise due to more dependance on workers’ comp vs. traditional health insurance, increased medical costs and the big […]
Category: Workers’ Comp
Why does a PEO need an insurance agent for their master workers’ comp policy? What does an agent or agency know that they don’t? Why not just go direct? Cut out the middle man! Doesn’t it cost more money to have an agent involved? Sounds good but in “real life” things don’t work out that […]
Why is pay as you go workers’ comp insurance the right choice for so many businesses these days? What is Pay as you Go? In this video clip, CEO John Will Tenney was interviewed by a local real estate office and answers a few questions about Pay as you Go Payroll and Taxes, as well […]
New York is a very interesting state for PEO services. The state owns and operates a competitive workers’ comp state fund which makes it difficult sometimes to compete in the PEO environment. PEOs using a traditional carrier will pay a 19.4% “state fund assessment” to replenish the state fund, which was depleted by a corrupt […]
PEO and staffing company owners are realizing that having an agent represent them for their master worker’s comp policies (and others) can lead to greater profitability and significant increase to their bottom line.
Why is it important to have a “rated carrier” for your workers’ comp coverage? When does it make a difference? Common questions and answers How does a carrier get rated anyway? In most cases it is done by evaluation by an independent company. In almost all cases in the United States today this company is […]
Can a PEO help solve problems related to bad employees? Can things go wrong for an employer? Of course. What can an employer do to ease the pain When Things Go Wrong? Proper preparation can prevent problems. Having a professional partner can help solve problems.
Why would anyone expect to find all their payroll, workers’ comp insurance and HR answers from one PEO? Would you buy a suit that didn’t fit? So why expect one PEO to do it all? Many business owners are frustrated that they can’t find the right payroll, workers’ comp or PEO solution that matches their […]