State law requires that employers provide Workers Compensation insurance for their employees. This insurance provides coverage for accidents or disease arising from employment as prescribed by these state laws. Benefits can include lost wages, medical expenses, and permanent disfigurement/disability payments.
Gordon Insurance is pleased to announce its "Pay-As-You-Go" workers compensation solution. This approach allows workers compenstion payments to be made as payroll expenses are made, rather than the traditional format of making estimates of future payroll, insurance costs based on estimates, followed by audits to reconcile the two restrospectively. Pay-as-you-go provides employers with a means to tie expenses more closly to revenues, something every business owner can appreciate.
Additionally, Gordon insurance has the experience and expertise to help you control the one thing you CAN control with your workers compensation costs: your experience. For those who prefer to research this first on your own, visit our favorite sites below:
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Lynch Ryan - Tom Lynch is opne of the premier experts on workers compensation nationally; his insight can direct and improve your cost control efforts.
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Workers Comp Insider: Lynch Ryan's searchable, award winning blog on all things workers comp
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The National Council on Compensation Insurance (NCCI) is the largest provider of workers compensation data and statistics in the country.
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For a chart organizing OWNERS' OPTIONS for workers compensation by entity, click the organizational chart.
For a MA officer exclusion form (corporate officers may opt out), click here, then print, sign, and submit (to MA Department of Industrial Accidents). They'll send back: keep the original, send us a copy.
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Workers Compensation rates are set by the state, but different companies may offer certain attractive deviations from these rates. Annual Payroll, for applicable job classifications, and loss experience sheets are needed for the most accurate and attractive cost estimates. Contact our office for an audit of your workers compensation insurance program.