On October 26, 2015, managing partner Drew E. Pomerance will be speaking to CalCPA members on workers compensation issues relevant to the CPA’s or financial professional’s practice. Drew’s discussion will help the CPA/Business Advisor assist their clients in uncovering hidden fees, by knowing what questions to ask the broker and where to look.
Workers compensation insurance can be a company’s largest expense item after the cost of labor, so most employers do pay attention to what their yearly premium is. But they often ignore the hidden fees that can significantly increase the yearly cost of workers compensation coverage.
If you’re just focusing on premiums, you’re missing some important items that can cost the employer big money, and which insurers use to increase their bottom line.
Objectives:
Learn: How employers can procure the most transparent coverage possible under their workers’ comp programs.
Understand: Hidden fees and mark-ups concerning Medical Bill Review, Nurse Case Managers, Access Fees and other various costs not disclosed in the underlying agreements.
Gain Insight: The breadth of workers’ comp issues, such as misreporting or misallocations of ALAE (Allocated Loss Adjustment Expenses),
Event Details:
Date: October 26, 2015
Time: 12:00pm – 1:30pm
Location: Mijares Mexican Restaurant
To register or learn more about the event, please click here.
To learn more about Drew’s practice, or to invite him to speak at your organization, please click here.
