ECN Electrical Forum - Discussion Forums for Electricians, Inspectors and Related Professionals
ECN Shout Chat
ShoutChat
Recent Posts
100 Definitions: Accessible 2023
by gfretwell - 07/18/24 04:26 PM
240V only in a home and NEC?
by emolatur - 07/18/24 01:05 PM
2023 CEU Course
by gfretwell - 07/17/24 01:08 AM
Is this really a thing
by dsk - 07/16/24 01:23 PM
90.5(C) Explanatory Material 2023
by gfretwell - 07/16/24 12:14 PM
New in the Gallery:
This is a new one
This is a new one
by timmp, September 24
Few pics I found
Few pics I found
by timmp, August 15
Who's Online Now
0 members (), 348 guests, and 13 robots.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
#30470 10/20/03 08:19 PM
Joined: Jun 2002
Posts: 206
H
Member
Does anyone here belong to a group for discounted BWC rates? I've been looking into it and qualified for a group through my BBB. Apparently I have to pay $175.00 for admin costs and underwriting and then I'll get 95% off my rates. I think this is common but I guess I just would like to hear feedback from others. Its legit, right?

Thanks-
Mike

BTW - How's everyone been? I've been pretty busy, hence...not here for along time

#30471 10/21/03 07:54 PM
Joined: Apr 2002
Posts: 7,389
Likes: 7
Member
Hi Happi, it's been a while.....

You have my curiosity up; what's "BWC" ???
(You talking Workers Comp Insurance??)

95% off of any of the "rates" I pay sounds too good to be true!!

Please clue me in on BWC

John


John
#30472 10/22/03 07:21 AM
Joined: Jun 2002
Posts: 206
H
Member
Yeah, exactly...Bureau of Worker's Compensation. There are two groups that I know of here in Ohio. One is called the Sheakley Group and one is called Compensation Consultants Inc.(http://www.cciworkerscomp.com/). They send out those "Temporary Authorization to Review" forms. Then they collect your information from the BWC and pout you in a grouping based on your "safety record".

Now mind you, that's 95% off your rates, not off your premium. And that's the highest "tier" which is easy for me to make it into being only 3 men big and in business just two years. No WC claims. Its supposedly like a group thing. You know how you get better health insurance rates the bigger your group is? (like any of those rates are good...)

I don't think its a scam really, I mean I got in contact with one through the Better Business Bureau that I belong to and one through the BIA. I've gotten stuff from other companies as well through the mail.

I can't be the only one that's ever heard of tis can I? LOL!

#30473 10/22/03 02:31 PM
Joined: Apr 2002
Posts: 7,389
Likes: 7
Member
Happi:
Thanks for the reply. I don't think we have anything like that here in NJ.

My WC is in with all my business insurance as a package thru an Association "favored" agency. The package is 25K+ a year.

John


John
#30474 10/22/03 04:18 PM
Joined: Jun 2002
Posts: 206
H
Member
What about payroll reporting and stuff? Do you have to report payroll every 6 mo or you just pay a flat workers comp. fee ea year?

That sounds nice...

The Ohio BWC for the last several years was giving you a 75% discount on your premiums until just recently. Now they are making you pay 100%. Screwy...


Link Copied to Clipboard
Powered by UBB.threads™ PHP Forum Software 7.7.5