Blue Cross Blue Shield of Michigan
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Insured Forms is a fast and easy way to complete your premium audit online with Accident Fund. Just enter your policy number and access code to begin.
To report a claim, please call 1-866-206-5851 or email completed First Report of Injury documents and attachments to ClaimsExpress@accidentfund.com. For customers enrolled in TeleCompCare (TCC), those claim reporting channels have not been disrupted and claims can continue being submitted through TCC.
Please call 866-206-5851 and choose the Premium Audit option. Are audit worksheets available? No; however, if you need a copy, please email PremiumAudit@accidentfund.com .
- Organize Your Payroll Records
- Request Certificates of Insurance from Your Subcontractors
- Your Gross Payroll
- Be Available For Questions
Accurate records that are complete and well organized make the audit process much easier. Your advance preparation will help the auditor quickly find what he or she needs and will require less of your time for questions and/or clarifications during the actual audit. Payroll records used for an audit should be organized to clearly show payroll by: 1...
If you have subcontractors working for you, you should always ask them to provide a current Certificate of Insurance. This is critical information to provide the auditor at the time of your audit and could help to avoid possible additional premium charges.
Gross payroll is the amount of payroll prior to any deductions. It includes items such as a 401(k) or cafeteria-style plan which may reduce the employee’s taxable income. Payroll for worker’s compensation or general liability purposes may not be the same as payroll reported for tax purposes. Examples of items commonly included in the payroll basis ...
The owner of the business should be available to speak with the auditor to answer questions and review the results of the premium audit. If the owner is not available at the time of the audit, the auditor will need to meet with someone who has a thorough knowledge of the business operations. The auditor is also available to answer any questions you...
May 10, 2024 · A workers’ comp audit ensures employers are paying correct premiums and audits help businesses stay on track, so they don’t pay too much versus what they owe. Learn more about workers’ compensation audits from The Hartford and review our workers’ comp audit checklist to make sure you are prepared.
Using a Premium Audit selection model, the team can predict the likelihood of policy misclassification, automatically assign audit methods to save carriers time and money, and use machine learning to continuously improve correlation and prediction accuracy.
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Best practices for reducing the audit risk of uninsured subcontractors. Click here to view the document. Topics: Admin/HR. General Safety & Prevention. Types: Quick Tip Sheets. Industries: Construction.
