Fully Insured Plans
The insured is responsible for the claims charges up to the deductible amount before the insurance company takes over.
These loss-sensitive plans can allow qualifying employers to receive money back in the form of dividends.
Retrospective Rating Plans
The plans are known as retros, they differ from conventional guaranteed cost programs by offering additional savings for businesses that place an emphasis on workplace safety. There are 2 types of retros, incurred loss and paid loss.
Consent to Rate