When partnering with a PEO for Worker’s Compensation Insurance, a company can eliminate premium financing and premium adjustments through a Pay-As-You-Go Worker’s Compensation program.  Your premiums are based on your actual payroll and not projected annual payroll.  This helps protect you from audit exposure, because your premium is based on real-time payroll wages.

Work Comp Infographic

How Does Pay-As-You-Go Work?

  • Continue running payroll as usual. This will ensure employee count and wage data is up to date.
  • Premium is then calculated each payroll cycle.
  • Large lump sum payments are eliminated.
  • Audits are eliminated by paying 100% of your premium according to your payroll cycle.

Employers need real solutions to help them reduce the cost of insurance coverage and improve business cash flow.  Let our Applied Business Solutions partnership with your company provide those solutions.

Got Questions?We have the answers. Call us at (855) 792-2808 or click contact us. One of our representatives will contact you.

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