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Published byBruno Houston Modified over 9 years ago
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Working Too Hard? Increase Your Bottom Line With Ease By Offering Workers Compensation.
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What is it? “Pay as you go” Workers Compensation Eliminate large down payments Minimize audit adjustments Eliminate finance and billing fees Eliminate late fees Allow for better cash flow management An integrated workers compensation payment service that allows insurance premiums to be withdrawn directly from client’s bank accounts every time they run payroll.
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Policy Payment Comparison Traditional Method Pay As You Go *Varies by state Based on an average premium of $3,000 Monthly billing fees and checks to write Additional Charges for late payments Audit Adjustments No monthly bills or checks to write No charges for late payments as payments run with the payroll Minimal (if any) audit adjustments Approximate Start-up Fees: $ 750 premium down payment $ 250 Expense constant* $1,000 Total down payment No premium down payment, only Exp Constant* Approx $250 and Expense constant is taken on first payroll run $250 Taken with first payroll
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