FREE BWC Prospective Premium Billing Informational Meeting
2015-06-03 12:00 - 13:00 UTC | Benefits 1 Group First Floor Education Room 25001 Emery Rd. Cleveland, OH 44128
Prospective Premium Billing

It's a Big Deal

Prospective Premium Billing is coming soon and May/June is the kick-off time! It's very important that you pay close attention to dates beginning next month as the BWC begins to transition employers into a new billing system.

With the BWC's movement from retrospective to prospective invoicing, the timeliness of your payments and attention to detail is crucial to maintaining your active status as a covered employer.

Important Information:

Failure to report payroll on time in August 2015 will cause employers to lose 8 months of premium credits
Failure to pay premiums on time using the new model will result in penalties and interest.
Employers will be responsible for the costs of any claims, dollar for dollar, that occur during a period of coverage lapse.
Failure to report payroll or pay amounts due at the time of the year-end "true up" will result in discount program disqualification, including group rating.

Join us for a FREE information session to learn more about Prospective Premium Billing, hosted by Benefits 1 Group.
