Large Deductible Policies

For many larger employers, so-called Large Deductible policies have become a common option (or sometimes, not an option but the only choice offered outside of the Assigned Risk plan.) These programs can offer employers the opportunity to reduce Workers Comp costs, if losses are kept under control. Of course, if losses are not so under control, the opposite can occur.

But whether losses are low or high, we've been noticing some peculiar things going on when some insurers calculate the charges for Large Deductible programs. We can't provide details here, but the problems we're seeing seem to be wide-spread enough that we would encourage any employer insured under a Large Deductible policy to let us take a look, to see if your charges contain these overcharges.  So far, our examinations of a number of these programs, from various different insurers, have found a disturbing pattern that results in employers being overcharged. So we would encourage employers covered by Large Deductible policies to give us a call, at 800-288-9256, or email us at AIM@cutcomp.com, to discuss how we can check, at no cost, whether or not your company appears to have been overcharged.