Most employers have concerns that decisions about what to pay and when to pay can actually harm their business.
   When Workers Compensation insurance policies are examined for employers, there is one area where large mistakes almost always occur in the policy process.
The mistake is simply writing a check for a Workers Compensation bill - especially a Workers Comp audit bill - without questioning how the insurance carrier or premium auditor actually calculated the amount.
 Insurance policy billing statements must be treated the same as a bank statement.
  If not, then over payments for Workers Comp coverage are almost guaranteed.
  One employer wrote a check for over $50,000 because the insurance carrier audited them and sent them a bill.
There were miscalculations during the audit, later discovered by an independent consultant.
  The true bill ended up being less than $20,000.
This is becoming more prevalent in recent times.
  Always ask for backup documentation on how the Workers Comp policy or audit bill was calculated.
 Look it over carefully.
  There may be no errors.
But, at least the assurance is there that the documentation that justifies the billing was reviewed and anything that could be done, was.
"Just Do Not Write A Check" should be one of the primary mottoes for insurance departments.
  At a time when every cent counts even more than ever, feel 1,000% comfortable with writing the check.
  If not, trusting instincts and asking questions is Key.
  The answers to your questions may be very surprising and the results can be very lucrative and a huge boost to the bottom line.