Group Rating
Participation in one of CRM’s group rating programs can save employers thousands of dollars in workers’ compensation premiums.  As a Third-Party Administrator (TPA), through our various groups, we can offer discounts depending on past claims experience.

The group-rated workers’ compensation programs are sponsored by the National Business Council and Associated Builders & Contractors (ABC).  To be eligible for group rating, an employer must be a member of the sponsoring organization. 

As the endorsed provider of the NBC and ABC programs, CRM brings together companies from similar industries.  We match these companies and form groups for the purposes of achieving maximum discounts and handling claims, as well as for safety and loss control.

Once a company is in a group rating program, CRM handles the day-to-day claims management.  We also work closely with the law firm of Ross, Brittain & Schonberg Co., L.P.A. for any of the legal issues that may arise in defending workers’ compensation claims.

Non-Group Rating
For clients not eligible for group rating, CRM offers a penalty-rated program.  In this program, in addition to managing claims, we review the risks to make sure an employer is being assessed properly for all claims.  We analyze past claims to determine what can be done to help reduce the claim costs, which will in turn, lower the premium costs for the employer.  We also work with the employer to help the company eventually achieve eligibility in a group rating program.

At CRM, we are proactive in our approach to settling claims and obtaining handicap reimbursements.  For hearings and other legal matters, clients can use their own legal counsel or retain the services of Ross, Brittain & Schonberg Co., L.P.A.

Alternative Discount Program
Many companies, for different reasons, may not qualify for a group rating program.  However, there are alternative methods to reduce your premium.

• Drug Free Workplace Program – Discounts between 10% and 20% are given to employers that implement a drug free workplace.  There are programs that need to be implemented and followed to receive the discount.  Many of the requirements are easy execute and many companies already follow such practices.
• Premium Discount Program – Discounts starting at 10% that decrease to 5%.  However, depending on performance, companies are eligible to receive additional refunds of 5% to 20% of premiums paid.  These additional refund are linked to performance based on reduction in frequency (or number of claims) and severity (number of lost days due to claims).  This program also has many requirements but most are easy to achieve.
• Retrospective Rating – This program offers employers an opportunity to pay a percentage of premiums while funding, dollar for dollar, any claims incurred during a particular year.  This program has advantages from a cash flow standpoint.  However, the main disadvantage is that the claims incurred during a retro year are the Employer’s responsibility for 10 years.  At the end of 10 years, the Employer is also responsible for “buying out” any reserve on the claim.