BWC’s Group Rating Program Offers Employers Beneficial Savings

This time of year, you will likely start receiving offers encouraging you to enroll in different workers’ compensation group rating programs. Choosing a group rating program with high savings is important, but there are other factors you should consider, such as:

A Group’s Proven Performance & Return-on-Investment
Traditional Group Rating is the only guaranteed way companies can save a significant amount on their workers’ compensation premium. Since the inception of group rating in 1991, CareWorks Consultants’ group rating programs participants have saved more than $2 billion in workers’ compensation premiums. For every $1.00 spent in participation fees, the average participant in a CareWorks Consultants’ administered program saved $11.00 in workers’ compensation premium, that’s a 1000 percent return-on-investment!

Group Size & Stability
Currently, more than 27,000 companies participate in a CareWorks Consultants’ administered group rating program. CareWorks Consultants is Ohio’s largest private group rating program administrator. For the 2013 policy year we filed 83 workers’ compensation group rating plans, 20 percent more than our competitors. For employers, this means more opportunities for potentially higher savings and more predictable discounts than any other third party administrator in the industry.

Employers should be wary of other plans that offer higher discounts. Plans with fewer employers often overstate their projected discounts and then under deliver after you have enrolled.

It Pays to Compare
All companies should annually review their group rating eligibility. If you are already a client of CareWorks Consultants your eligibility is automatically reviewed. If you are not a CareWorks Consultants’ client or did not qualify for group rating last year, please take advantage of our no-cost, no-obligation analysis.

How Do I Apply?
Contact CareWorks Consultants, toll-free, at 1-800-837-3200 or visit us at to obtain a group rating application. Once your group application is submitted, you will receive an email confirmation receipt of the application as well as a confirmation by mail. If you qualify, your no-cost, no-obligation analysis of potential premium savings will be mailed to you.


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