workers’ compensation insurance for podiatrists
Member Insurance Solutions has partnered with several stable, highly rated carriers to offer outstanding workers’ compensation coverage with favorable rates and easy, no-hassle payroll audits. The Hartford, Frankenmuth Insurance Co. and Michigan Millers Mutual offer outstanding coverage and incredibly competitive rates.
For more information, please complete and submit the electronic quote form below, or speak with a Member Insurance Solutions representative by calling 800.878.6765. You won’t be disappointed!
Workers’ Comp Resources:
- Helping Injured/Disabled Employees Return to Work, an informative article by GS Consulting
Care for a quote? Please call 800.878.6765 and speak to Jen Goss at extension 466 or Tina Croley at extension 448. We can answer your questions and share more details about our workers’ comp program!
workers’ comp fyi…
Promptly report any employee injuries or related workplace incidents to your workers’ comp insurance carrier. Please have pertinent employee data and facts regarding the injury available when calling to speed the process.
Workers’ Comp Payroll Audits
Have you ever wondered why workers’ comp carriers require you to undergo payroll audits? Simple! Workers’ comp premiums directly correspond to an employer’s total payroll. So, large firms with many employees pay more premium than a smaller firms with fewer employees. Payroll audits are conducted to ensure that the premium you pay is an accurate reflection of your payroll. While sometimes inconvenient, these audits are important. For example, your total payroll will likely decrease if a member of your staff retires. As a result, your workers’ comp premium will be lower because of the reduced staff exposure. The payroll audit process is typically the means by which these (and other) types of common occurrences are determined and factored into your premium.
If you are a corporate officer or partner…
Keep in mind that the Michigan workers’ comp statue allows you to include or exclude yourself from coverage under a professional corporation or partnership workers’ comp policy. Before making a decision, speak with a Member Insurance Solutions representative because there are many factors to consider before you decide. Given the relatively low cost to include yourself, however, it is generally recommended that eligible corporate officers or partners do so (sole proprietors are not eligible for workers’ comp coverage, although coverage must be provided for employees of the sole proprietor as required by state law).