News from the BWC...
Dear Partner:
We made it through one year of prospective billing payments and after we have gone through the payroll true-up process for 2015, this will mark a complete transition to the prospective premium payment model. A year in, I am hopeful it is starting to feel like business as usual. With that in mind, I am going to focus this month’s update mainly on the true-up process and payroll reporting and we strongly encourage you to share this information with your members.
Upcoming Deadlines:
- July 1, 2016 - beginning the 2016 policy year.
- July 29, 2016 -
- deadline to opt out of the .99 EM construction cap* or submit the safety management self-assessment (SH-26).
*Only applicable to those in the construction industry
- deadline to enroll in a Safety Council for the 2016 policy year.
Drug Free Safety Program accident analysis training deadline for a 7/1 program start date (first year only).
- deadline to submit online safety management self-assessment (SH-26) for both DFSP and Industry Specific Safety Program (ISSP).
- August 15, 2016 - due date for true-up report to be completed with BWC. This is a critical deadline, as the BWC has indicated that if you do not complete the true-up process on time, your business may not be eligible for current and future alternative rating and premium discount programs such as group rating and group retrospective rating. Reports may be submitted either online (http://ow.ly/4mWUlm) or by phone at 800.644.6292. Please share the attachment to this email with your members in July and early August.
- August 31, 2016 – deadline for Certified Sponsoring Partners to complete the “Division of Safety & Hygiene Group Experience-and Group-Retrospective-Rating Safety Requirements Annual Report” (or SH-2 report). *Please watch for an email from Sarah Sypniak, in our Dublin office, during the week of August 15th. She will send you the report to be signed and returned prior to the deadline.
Other News:
- Please share the attached article that reiterates the BWC guidelines for corporate officer minimum and maximum wages. (This information is reprinted directly from the BWC website).
- Find this month’s attached safety article from our safety partner,Risk Control 360.
Attachments:
Customized Practical Skill Based Training
July 2016 Newsletter
July 2016 Newsletter Payroll Reporting for Corp Officer
True-up Article July 2016
Beverly Westover
Beverly.Westover@CareWorksComp.com