Workers’ Comp Services

Free Workers’ Compensation Analysis to Help You Stay In Control

Are you prepared for 2012 Workers’ Compensation chaos?

Work Comp reforms of 2004 are unraveling. Turbulence and uncertainty are widespread in the market and rates are going up. For the first time in eight years, the Insurance Commissioner has approved a 36% average rate increase for January 1, 2012.

 Don’t get trapped into thinking, “There’s nothing I can do.” Take back control of your costs!

     Healthy Halo can show you how your renewal and current premium compare to the rest of the marketplace, whether or not you’ve received your renewal from your broker.

We don’t make promises we can’t keep just to get your business—you’ve undoubtedly heard all that before from others. What we will guarantee you is that as a Master WorkComp Advisor* (one of only 3 in California), we have the knowledge and expertise to ensure that you won’t pay any more than absolutely necessary for your work comp insurance.

We know that the majority of businesses are overcharged. Here are 7 Secrets of Workers’ Compensation Insurance that cost you plenty:

1. Insurance companies don’t pay for employee injuries—they just finance them for you at an exorbitant cost.

• You pay $2 – $3 to the insurance company for every dollar it pays out for employee injuries. Each claim results in the most expensive financing contract you have in your business.

2. Claims management services are usually dreadful.

• Adjusters are snowed under with too many cases and your employees don’t get the attention they deserve. As insurance companies downsize to increase profits, your claims are often outsourced to a “case management company” and adjusters simply don’t know how your employees are being treated.

3. You are penalized and overcharged when the ‘audit police’ make a mistake on your audit.

• You’re at a disadvantage from the start because the auditor knows the rules, you don’t. 70 – 80% of work comp audits contain costly errors. Would you allow the IRS to audit you without an expert on your side?

4. Experience modification factors are often wrong or mismanaged.

• Most companies assume their ex mod is correct—a costly assumption. 10% of ex mod factors are wrong and 80% are mismanaged, resulting in significant overcharges.

5. Your dividend or retro program may not be what it appears to be.

• Did you fully read all the contract’s terms or did you buy your workers’ comp insurance based on the fancy proposal your agent presented? Not understanding the contract could cost you thousands.

6. Your money will fly away unless your agent pays closer attention to your workers’ comp than any other insurance you buy.

• Ensure that you’re not being overcharged. You need a specialist to manage the insurance programs that affect your employees the most—worker’s comp, medical and disability.

7. You can slash your costs if you install the right system.

• Healthy Halo is trained and certified to find and fix the rampant mistakes in the workers’ comp system—money on the table since work comp can amount to 20 – 25 % of your total payroll costs. We can help you drive your employee-related costs down 20% or more.

Call 323-874-4259 today for your Free Workers’ Compensation Analysis and get a second opinion on your renewal. If you like what you hear, it’s quick, simple & effortless to appoint Healthy Halo as your servicing broker.

Healthy Halo is dedicated to protecting your balance sheet and improving your P & L!

 *Certified by the Institute of WorkComp Professionals