What is Group Rating? The Bureau of Workers' Compensation has an annual program that allows employers to combine their loss histories and be rated as a single entity. The result could be a significant reduction of your premium.
What is Group Retrospective Rating? With Group Retrospective Rating, employers combine for a policy year and pay their individual premiums. Then based upon the performance of the group for that policy year, the employer may receive a premium refund or additional assessment.
How do I qualify for Group Rating or Group Retrospective Rating? To find out if your company qualifies for group rating, simply complete the AC-3 below. The evaluation is free and you are under no obligation to join a group.