association of washington cities workers’ compensation retrospective rating program

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ASSOCIATION OF ASSOCIATION OF WASHINGTON CITIES WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

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Page 1: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

ASSOCIATION OF ASSOCIATION OF WASHINGTON CITIESWASHINGTON CITIES

WORKERS’ COMPENSATION RETROSPECTIVE RATING

PROGRAM

Page 2: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

ASSOCIATON OF ASSOCIATON OF WASHINGTON CITIES WASHINGTON CITIES

INSURANCE SERVICESINSURANCE SERVICESEMPLOYEE BENEFIT TRUSTRISK MANAGEMENT SERVICE

AGENCYWELLNESS WORKSDRUG AND ALCOHOL CONSORTIUMWORKERS’ COMPENSATION

RETROSPECTIVE RATING (RETRO)

Page 3: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

GOVERNANCEGOVERNANCE

AWC BOARD OF DIRECTORS

AWC EXECUTIVE COMMITTEE

RETRO ADVISORY COMMITTEE

Page 4: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

AWC BOARDAWC BOARD

22 ELECTED MAYORS AND COUNCILMEMBERS FROM ACROSS THE STATE OR WASHINGTON

Page 5: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

AWC EXECUTIVE AWC EXECUTIVE COMMITEECOMMITEE

President

Vice President

Secretary

Immediate Past President

Executive Director

Page 6: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

State L&I ProgramState L&I Program

Monopolistic Premium Components

– Medical aid– Accident fund– Supplemental pension fund– Retrospective rating

Page 7: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

AWC RETRO ProgramAWC RETRO Program

EDUCATIONTRAININGAGGRESSIVE CLAIMS MANAGEMENTREDUCTIONPREVENTION

Page 8: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

EDUCATIONEDUCATION

Monthly and Annual individual and program reports

Printed and Media ResourcesWorkshops

Page 9: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

TRAININGTRAINING

On site assistance in areas requested by the member city and/or determined necessary by program staff

Assistance with L&I Training

Page 10: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

Claims ManagementClaims Management

AWC becomes Your claims manager and advocate

Third Party Administrator – Sedgwick CMS

Page 11: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

ReductionReduction

Assess current areas of major lossTarget on site and/or regional meetings to

address current areas of lossInform members of group performanceTarget of .75 experience factor or lower

Page 12: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

PREVENTIONPREVENTION

Return to Work ProgramSafety ProgramLegislative AdvocacyMeet Your Needs as requested by

individual members

Page 13: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

MEMBERSHIPMEMBERSHIP

OPEN TO ALL CITIES IN WASHINGTON STATE

MEMBER OF AWCGOOD STANDING WITH WA. STATE

DEPT. OF LABOR AND INDUSTRIESOPERATE BY PROGRAM POLICIES

Page 14: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

Service FeeService Fee

6.5% of Premium billed in JanuaryNO added fees

– Claims Management Cost (TPA)– On Line Claims and document access 24/7– Loss Control– AWC

Page 15: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

PREMIUM REFUNDING PREMIUM REFUNDING POLICY IN POSITIVE YEARSPOLICY IN POSITIVE YEARSService Fee of 6.5 % refunded annuallyFirst Performance Refund at 46 months50% of performance refund retained as

member equity until sufficient reserves are achieved

Must Contribute to receivePerformance based refundNo penalty for poor performance

Page 16: ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM

REASSESSMENT In The REASSESSMENT In The Event of a Negative YearEvent of a Negative Year

Every member contributesIndividual reassessment based on % of total

contribution